Author Question: ________ addresses the question of how to handle our day-to-day business needs. A) Capital ... (Read 84 times)

mp14 · **on:** Jul 10, 2018

________ addresses the question of how to handle our day-to-day business needs.

A) Capital budgeting
B) Capital structure
C) Working capital management
D) Accounts receivable management

Question 2

Calculate the current value of Bond M. (See Table 6.2)

What will be an ideal response?

missalyssa26 · **Reply #1 on:** Jul 10, 2018

Answer to Question 1

Answer: C

Answer to Question 2

Annual coupon interest rate = required rate of return
Therefore, current value = par value = 100.