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QUESTION 9 The ZZZ Corporation issued $25 million in new common stock in 2004. It used $18 million of the proceeds to replace obsolete equipment

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QUESTION 9 The ZZZ Corporation issued $25 million in new common stock in 2004. It used $18 million of the proceeds to replace obsolete equipment in its factory and $7 million to repay bank loans. As a result, investment A. of $25 million has occurred. O B. of $7 million has occurred. O C. of $18 million has occurred O D. has not occurred. QUESTION 10 If per capita real GDP rises by 4 percent in a year and annual real GDP rises by 3 percent, then the population size must have A. declined by 4 percent O B. declined by 3 percent. O C. increased by 1 percent. O D. increased by 3 percent O E. declined by 1 percent. QUESTION 11 Which of the following pool money from small savers to buy a diversified portfolio? A Credit unions O B. The Security Exchange Commission C. Mutual Funds O D. Banks QUESTION 12 The maturity date of a bond is A. the time when a stock is sold. O B. the time when the coupon payments and the principal are fully paid back. O C. the time period over which a stock is viable. O D. the time when the principal matures. OE the time when the coupon payments mature

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