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21. Most ratio comparisons are made overtime and with companies like the target companies. (TRUE/FALSE) 10. A bond's rating effects its liquidity premium (TRUE/FALSE) 16.

21. Most ratio comparisons are made overtime and with companies like the target companies. (TRUE/FALSE) 10. A bond's rating effects its liquidity premium (TRUE/FALSE) 16. A put option purchaser expects a stock to fall (true/false) 23. A TIE(interest coverage) ratio of 72 would imply management is not doing well (True or False) 24. A company's pricing power is show in its operating margin (true or false) 26. Capital budgeting focuses on after tax profits (true or false) 27. The gold standard in capital budgeting focuses on NpV. ( true or false) 30. The preferred approach for caculating cost of debt is the FITA approach (true or false) 33. Cannibalizayion is an example of opportunity cost (true or false) 34. Timing of projects does not impact the project's net present value. (True or false) 35. Flotation costs are generally reflected in a project's after tax cash flows (true or false)

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