the business' debts. Question 32 Which of the following are correct concerning bond prices? Select one or more correct answers. The current yield is the periodic coupon payment divided by the current market price. None of these statements is true. On average, a discount bond is expected to have a positive capital gains yield. On average, a premium bond is expected to have a positive capital gains yield. The YTM is only approximately equal to the current yield plus the capital gains yield for an American-style bond. The current yield and the capital gains yield must be the same sign (either both positive or both negative). Question 33 . The current yield and the capital gains yield must be the same sign (either both positive or both negative). can-style bond. Question 33 Which one of the following actions best meets the goal of financial management? Select the single best answer. O None of these choices is the single best answer. Accepting a project that enhances the current market value of the firm's stock. Easing the accounts receivable policies in order to increase current sales. O Delaying cash payments in order to increase the total cash on hand. Issuing additional shares of stock to increase the total cash on hand. O Deciding a firm should be 100% equity financed. Guard should be 100% equity financed. Question 34 The future value of a single lump sum will increase when Select one or more correct answers. o the interest rate increases the number of periods decreases the number of periods increases the compounding frequency decreases the present value increases the present value decreases the compounding frequency increases the interest rate decreases er Guard the interest rate decreases Question 35 1 pts Your Uncle Bob has promised to give you $10,000 when you graduate from college. He is expecting you to graduate two years from now. What happens to the present value of this gift if you delay your graduation by one year and graduate three years from now? Assume the interest rate is strictly positive. Select the single best answer. None of these choices is the single best answer. Obecomes negative increases O Becomes greater than $10,000 The relationship cannot be determined from the information provided. O decreases O remains constant O remains constant U Question 36 The process of planning a firm's long-term investments is called Select the single best answer. None of these choices is the single best answer. O profit maximization cost minimization value maximization O capital budgeting working capital management O maximizing market share O capital structure er Guard