Financial ratios can be used for all of the following EXCEPT... To compare company's performance with the rest of the industry To deterime the value of the company's assets To determine the company stock value To determine company's ability to meet debt service obligations QUESTION 8 Which is not true about the Euro-bond market? the Euro-bond market is an external market, because it is outside the regulatory jurisdiction of any one country. the bonds so issued are in unregistered form because the owner's name is not cited on the face of the bond itself coupon payments are made semiannually rather than annually, as is the custom in the United States the bonds are issued on an unsecured basis, which effectively limits the demand in this market to only the highest-quality issuers QUESTION 9 Which of the following statements best defines exchange rate? The price paid to borrow debt capital. The actual rate charged on a loan that compensates investors for postponing consumption, inflation, and risk. The number of units of a given currency that can be purchased for one unit of another currency. The nominal, risk-adjusted rate of return that is actually published in financial publications. The rate of interest that offsets inflation and provides the required real return on a riskless investment