Question 3 Briefly distinguish between the following terms? (i) Systematic risk and idiosyncratic risk. (ii) Limited liability Company and sole proprietorship. (4 marks) (4 marks) (4 marks) (iii) Debt finance and equity finance. (iv) Explain what is meant by the time value of money. Identify two capital budgeting approaches that ignore this concept? (8 marks) (20 Total Marks) Deity of Professional Studies, Accra 1.0.BUG 149, Accra Library End of Paper