6 Capital appreciation is: The portion of the profits the company keeps when an investment is worth more when it is sold than when it was purchased An increase in liabilities d. None of the above 2. The three methods of evaluating large-dollar multiyear investment decisions from Chapter are: a. Payback, net present value and internal rate of reduction b. Payoff, net present value and internal rate of return Payback, net present value and internal rate of return d. Payback, net present variables and internal return rate 8. Spreadsheets are ideal for which method? a. NPV b. Payback CRR d. None of the above to determine 9. The exact cost of capitalis a. Difficult b. Easy c Impossible d. Time consuming 10. A debenture is: a. A secured bond b. An unsecured bond c. Subject to harsh regulations