Which one of these statements is correct? Multiple Choice To caluclate total capitalization, market value of shareholder's equity is needed. When the management of a business is conducted by individuals other than the onwers, the business could be a corporation. EVA considers the cost of long-term debt financing but excludes the cost of equity financing. Market value added measures the difference between the total market value of assets and the total book value of assets. Which one of the following arguments is correct? Multiple Choice Investment banks raise money from depositors and make loans to individuals and businesses An individual can save and invest in a corporation only by purchasing additional shares. Mutual funds provide small investors with low-cost diversification. NEW YORK STOCK EXCHANGE (NYSE) is NOT considered as financial markets. Which of the following is NOT correct? Multiple Choice Pension payment and mortgage payment are examples of perpetuity. O When it comes to compound interest, interest earned in each period is actually increasing over time/ O Simple interest means that interest earned in this peirod is the same as the interest earned in next period. O If market value of equity of a corporation is the only information you know, you cannot determine its book value of equity