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Author Question: If you were a treasurer for a Fortune 1,000 corporation who has responsibility for investing excess ... (Read 81 times)

V@ndy87

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on: Jul 10, 2018
If you were a treasurer for a Fortune 1,000 corporation who has responsibility for investing excess
  cash balances, which of the following alternatives would you be least likely to select?
 
  A) U.S. Treasury bills B) bankers' acceptances
  C) commercial paper D) common stock

Question 2

All of the following are rationales given for a stock dividend or split EXCEPT
 
  A) there is positive informational content associated with the announcement.
  B) conservation of corporate cash.
  C) the price will not fall proportionately to the share increase.
  D) an optimum price range does not exist.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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bimper21

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Reply #1 on: Jul 10, 2018
Answer to Question 1

D

Answer to Question 2

D


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