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6. The following are celtons a fiem mavetobone Whe not to par a dividends b. stock price usualiv to a. Twro of theing 7. Which

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6. The following are celtons a fiem mavetobone Whe not to par a dividends b. stock price usualiv to a. Twro of theing 7. Which of the following corporate actions reduce cash? a. Inventory is bought on credity b. Interest on long-term debt is paid; c. The accounts payable balance is reduced. d. two of the above: e. all of the above. 8. Which of the following statements about float is/are correct? a. Checks written by the firm generate Collection Float; b. Checks received by the firm create Collection Float: c. Checks received by the firm create Disbursement Float; d. Two of the above are true: e. None of the above are true. 9. Joe purchased call options on Green Company stock two months ago for 53 each. The exercive price on the call option is $35. The option.expires today. If the stock price is 542 . 10 day. what is the net prokit or loss per share on Joe's option investment. a. $4 loss b. 54 gain c. $10 loss d. S10 gain e. 57 gain

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