The risk of ___________________ an adverse movement in relative currency exchange rates is known as ___________________.

Question 3 options:

1)	A decrease in WACC due to; a capital structure failure

2)	A loss in company value due to; currency exchange rate risk

3)	An increase in WACC due to; capital structure exchange rate risk

4)	A decrease in the company's credit rating due to; credit exchange rate risk

Which of the following refers to the use of a WACC that is unique to a particular project, based on companies in similar lines of business?

Question 5 options:

1)	In line approach

2)	Top notch approach

3)	Hybrid approach

4)	Pure play approach

Over the last 100 years, which of the following has provided the highest average return?

Question 7 options:

1)	Large stocks

2)	Small stocks

3)	Long term corporate bonds

4)	US Treasury bills

Which of the following are two approaches to determine the cost of equity?

Question 8 options:

1)	Dividend growth model and the security market line

2)	Modern portfolio model and the security market line

3)	Security market line and the perpetual growth model

4)	Dividend growth model and the modern portfolio model

Which of the following is calculated as the change in price during the year divided by the beginning price?

Question 9 options:

1)	Dividend yield

2)	Capital gains yield

3)	Preferred gain or loss

4)	Preferred income

Which types of projects are likely to be incorrectly rejected when the WACC is used as the discount rate for all projects?

Question 13 options:

1)	Low risk projects

2)	Moderate risk projects

3)	High risk projects

4)	All projects