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The higher an investor's bid for a bond, the lower their yield. True False QUESTION 1 5 The actual market price of a stock at

The higher an investor's bid for a bond, the lower their yield.

True

False

QUESTION

15

The actual market price of a stock at a given point in time is determined by the marginal investor

the stock exchange

the Federal Reserve

investment banks

QUESTION

16

Which of the following is not a capital component used in the weighted average cost of capital?

working capital

equity

preferred equity

debt

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