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Q17. The cash conversion cycle deals with the transfer of cash to and from: A. Financial Assets B. Firm Investors C. Working Capital D. Off-Balance

Q17. The cash conversion cycle deals with the transfer of cash to and from: A. Financial Assets B. Firm Investors C. Working Capital D. Off-Balance Sheet Items Q18. "The stock price can NOT fall below zero" is another way of phrasing which idea? A. Time Value of Money B. Principal-Agent Problem C. Opportunity Cost D. Limited Liability Q19. You take out a 30-year mortgage and make monthly payments of $1000. If the (annual interest rate for this mortgage is 5%, what is the present value of all your mortgage paymen A. $15,372 B. $20,000 C. $186,282 D. $240,000

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Q17. The cash conversion cycle deals with the transfer of cash to and from: A. Financial Assets B. Firm Investors C. Working Capital D. Off-Balance Sheet Items Q18. "The stock price can NOT fall below zero" is another way of phrasing which idea? A. Time Value of Money B. Principal-Agent Problem C. Opportunity Cost D. Limited Liability Q19. You take out a 30 -year mortgage and make monthly payments of $1000. If the (annual) interest rate for this mortgage is 5%, what is the present value of all your mortgage payments? A. $15,372 B. $20,000 C. $186,282 D. $240,000

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