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Question 18 Comparing net present value and internal rate of return always results in the same ranking of projects always results in the same accept-reject
Question 18 Comparing net present value and internal rate of return always results in the same ranking of projects always results in the same accept-reject decision may give different accept-reject decisions is only necessary on independent projects Question 19 War, inflation, and the condition of the foreign markets are all examples of business specific risk nondiversifiable risk internal risk unsystematic risk Question 20 A stock split has little effect on a firm's capital structure no effect on a firm's capital structure a measurable effect on a firm's capital structure a detrimental effect on a firm's capital structure Question 21 The book value of an asset is equal to the fair market value minus the accounting value original purchase price plus annual depreciation expense original purchase price minus accumulated depreciation depreciated value plus recaptured depreciation
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