Net Cash flow (1.5 marks) QUESTION 21 in regards to marketable securities which of the following statements is true? Treasure bills are considered to be the most risk free asset Repurchase agreements are considered to be capital market instruments. Money market securities are long term investments. All of the above are false. QUESTION 22 In regards to cash management it is believed that: It is important to hold cash to meet day to day cash transaction needs. One of the costs of holding cash is the loss of possible investment opportunities. Holding cash is useful in case of unexpected emergencies. All of the above are true. QUESTION 23 Virgin Galactic issue $500,000,000 worth of stocks, this is an example of: O Capital budgeting Capital structure O Working capital O Project appraisal