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18-
Every enterprise has a capital structure of:
Select one:
a. Debt only
b. debt and salvage value
c. equity only
d. both debt and equity
19-
If a share sells for nearly $200, and the current dividend equals $20 per share of stock.The cost of preferred equity is:
Select one:
a. 5%
b. 20%
c. 10%
d. 15%
20-
Debt financing includes:
Select one:
a. loans
b. bonds
c. mortgages
d. all of the above mentioned.
21-
Annuities involve:
Select one:
a. a series of payments
b. all payments of equal amount
c. payment at equal time intervals
d. All points mentioned
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