LILLE, MySp!course_assessment id=_109117_1&course_id=_59763_18content id-_11409117_1&step=null Remaining Time: 43 minutes, 40 seconds. Question Completion Status: QUESTION 4 Which of the following statements on capital budgeting is TRUE? A. One reason for calculating EBIT in a capital budgeting analysis is to compute the tax outflow caused by the project. B. A projects sunk costs must always be included in the capital budgeting analysis. Since depreciation is a non-cash expense, it can be ignored when computing a company s Free Cash Flow D. Net Working Capital - CashInventory - Payables. QUESTION 5 Which of the following is FALSE? A. With a positive amount invested in each stock, the more the stocks move together and the higher their covariance or correlation, the more variable the portfolio will be B. Stock returns will tend to move together if they are affected similarly by economic events. C. Almost all of the correlations between stocks are negative, ilustrating the general tendency of stocks to move together D. Stocks in the same industry tend to have more highly correlated returns than stocks in different industries. QUESTION Suppose an investor sells (writes) a stock put option. What will happen if the stock price on the exercise date exceeds the exercise price of said put option? A The seller will be obliged to buy the stock from the owner of the option B. The owner of the put option will not exercise his option. The seller will need to deliver the stock to the owner of the option D. None of the above QUESTION 7 Click Save and submit to save and submit. Chok Save All Answers to save all answers Type here to search Oi e