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true or false choose the correct answer 3. Corporate securities are contingent claims because book valud. can be negative. TE 4. Now you have the

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3. Corporate securities are contingent claims because book valud. can be negative. TE 4. Now you have the following assets: Marketable securities, Cash, Fixed assets, Accounts receivable. Among them, Marketable securities is generally the least liquid asset. E 15. The primary market is defined as the A.market for insured securities. B.market for new issues. C.market for securities of the largest firms. O D.over-the-counter market. E. None of the above. 10. Cash flow to stockholders is defined as A.interest payments B.repurchases of equity less cash dividends paid plus new equity sold. C.cash flow from financing less cash flow to creditors. D.cash dividends plus repurchases of equity minus new equity financing. E.None of the above 11. Which of the following is not considered one of the basic questions of corporate finance? A.What long-term assets should the firm invest? B.How much inventory should the firm hold? C.How can the firm raise money for required capital expenditures? D.How should the short-term operating cash flows be managed? E. All of the above

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