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Part 1. True / False (3 points each) 1. A red herring is a reliable document for decision making T F Interest is the cost

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Part 1. True / False (3 points each) 1. A red herring is a reliable document for decision making T F Interest is the cost of borrowing money. T . F 3. A Treasury Bill is a short-term debt instrument issued by the federal T F government. 4. An investment banker would be happy to sell the IPO T F stock at a lower price than intended

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