The present value of a single Mure sum of money is inversely related to both the number of years until payment is received and the discount rate O O True False 10. A retum of 12% compounded annually is the same as a return of 1% per month O O True False 11. Working capital management is concerned with O A how a firm can best manage its cash fows as they arise in its day-to-day operations OB. how a fim should raise money to fund its investments OC managing a firm's capital stock. OD. what long-term investments a firm should undertake. 12. All of the following business organizations provide limited liability to their owners EXCEPT O A Imited liability company, OB Corporation Oc. S-type corporation OD. general partnership 13. Which of the following forms of business organizations proude limited liability to all its owners? O A general partnership OB Corporation OC. limited partnership OD both Band C 14. Investment banking terms offer to facilitate the sale of securities to the public in a variety of ways. Which of the following methods guarantees the corporation with a pre-determined price for the securities? OA en underwriting OB. a best efforts basis Oc. a Commission bas OD. a competitive bid