QUESTION 1 Ordinary shares can be best described as: securities with an ownership interest in a company with no voting rights. securities with an ownership interest with voting rights. having a residual interest in the net assets of the issuing company. securities with an ownership interest with voting rights which have a residual interest in the net assets of the issuing company. QUESTION 2 The cost of a bank overdraft: does not include the interest cost. includes interest cost but not fees. O includes interest cost and fees. does not include interest cost but includes bank fees. QUESTION 3 Five years ago, you entered into a loan agreement to borrow $100 000. The loan was to be paid off over 20 years through equal monthly instalments. If the interest rate was fixed at 12% p.a.compounding monthly for the entire loan term, how much do you pay per month? $949 $1066 $1101 O $1223