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hich of the following statement is true? I. Firms must consider the impact of exchange rate risk if cash flows of the project are affected by exchang II. Under internationally integrated capital markets, the value of an investment does not depend on the cu A. I B. II C. Both I and II are not true D. Both I and II are true UESTION 11 my founded a company. He issues 200,000 shares of series A stock for his own $100,000 investment. He then goes Price Number of Shares QUESTION 7 Which of the following statement is true? I. Commercial paper is short-term, unsecured debt used by large corporations that is usually a cheaper source of funds than a short- II. An aggressive financing policy is the policy of financing part or all of the permanent working capital with long-term debt. A. Both I and II true B. Both I and II are not true C.II D.I QUESTION 8 ck Save All Answers to save all answers. LU OY TO Delure di assets will change. QUESTION 6 Which of the following statement is true? I. An efficient firm with good working capital management should have a high average collection period and a low cash cu II. A firm's cash conversion cycle cannot be negative. A. Both I and II are true B. Both I and II are not true C. II D.I QUESTION 7