Question

4 Which of the following is not a stakeholder of a corporation? a. Manager. b. Employee c. Government. d. Competitor SA credit loan that charges a monthly interest rate of 1% , which of the following statements is correct? a. The Annual Percentage Rate is 12%, the effective annual rate is 12%. b·The Annual Percentage Rate is 12.68%, the effective annual rate is 12.68%. C. The Annual Percentage Rate is 12%, the effective annual rate is 12.68%. d, The Annual Percentage Rate is 12.68%, the effective annual rate is 12%. 6. Which of the following statements about internal rate of return (IRR) is not correct? a. Accept project if IRR is positive. b. Accept project if IRR is greater than opportunity cost of capital. c. IRR can't rank mutually exclusive projects. d. The simple IRR rule can't be used in cases of multiple IRRs or an upwad-sloping NPV profile. 1. Which of the following statements about inflation is correct? a. The percentage increase in the CPI from one year to the next year measures the rate of inflation. b. Real dollars refer to the amount of purchasing power. c. Nominal interest rate sets the actual number of dollars you will be paid with no offset for future inflation. d. All of the above are correct. 8. Which of the following is the characteristic of common stock? a. The right to the residual income before preference shareholders have been paid. b. Unlimited liability in the case of the corporation going bankrupt. e. Voting rights to elect the board of directors. d. The right to the residual income before creditors have been paid. 9. Which one of the following statements is trúe regarding yield to maturity? The yield to maturity is defined as the discount rate that makes the present 第2页共10页

Answer 1

4) Answer : b. Employee
because employee work for shareholders and they deserve remuneration.
5) Answer : a. The Annual Percentage rate is 12%, The effective rate is 12%.
6) Answer : b. Accept project if IRR is greater than opportunity cost of capital.
7) Answer : The percentage increase in the CPI----- the rate of inflation.
because CPI measures the value of average product of the nation.
8) Answer : c. Voting rights to elect the board of directors.
The shareholders have the right to vote and elect the BOD.