True or False? Compensation awarded this year should be included in this years cash flow. a. True b. False

True or False? At any point in time, the real rate of return can be observed directly. a. True b. False

The following is true about natural-logarithm (ln) changes (log-changes): a. They can be added together to explain a total log-change. b. They reflect a given dollar gain or loss symmetrically. c. For small changes, they are quite close to percentage changes. c. They are more reliable than percentage changes, which can be misleading. e. All of the above are correct.