Which of the following is false: Multiple Choice As a lender of money, I would prefer to offer borrowers a rate of 15% compounded daily than a rate of 15.5% compounded quarterly. Interest earned on Treasury bonds exempt from State income taxes. The reinvestment approach of the modified internal rate of return, compounds all cash flows, except the initial cost, out to the end of the project's life and then calculates the IRR. There is only one growth rate for a firm that does not issue new equity and its dividend policy, profit margin and fixed asset turnover ratios are all fixed. The sustainable growth rate is the maximum rate of growth for a firm that can be maintained without external financing. Which of the following statements is false: Multiple Choice Stealing4All Corp. allows you to write a check for $115 dated 14 days in the future, for which you get $100 today. Assuming there 365 days in the year, t around 3,724% Sensitivity analysis is useful for pinpointing out where forecasting errors will do the most damage, but it does not tell us what to do about possib The price a dealer is willing to sell a bond to a buyer is called the bid price. Present values and interest rates are inversely related. O O O Plowback ratio is the addition to retained earnings divided by book value of equity. Which of the following statements is false: Multiple Choice Stealing4All Corp. allows you to write a check for $115 dated 14 days in the future, for which you get $100 today. Assuming there 365 days in the year, the EAR on this loan is around 3,724%. O Sensitivity analysis is useful for pinpointing out where forecasting errors will do the most damage, but it does not tell us what to do about possible errors. The price a dealer is willing to sell a bond to a buyer is called the bid price. O O Present values and interest rates are inversely related. Plowback ratio is the addition to retained earnings divided by book value of equity