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Part I: Answer the below questions by filling in the blank: (a) What is the capital investment evaluation technique described by the following characteristics: (1)

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Part I: Answer the below questions by filling in the blank: (a) What is the capital investment evaluation technique described by the following characteristics: (1) Easy to understand and communicate: (2) May result in multiple answers; (3) May lead to incorrect decisions when comparing between mutually exclusive investments. (b) An investment is acceptable if the profitability index (PL) of the investment is: (c) All else equal, the market value of a corporate bond is always inversely related to its: (d) The rate of return on a stock is comprised of the ---yield and the -.-yield. (e) A downward-sloping yield curve may be an indication of

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