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Author Question: Which of the following best identifies the four main areas of finance? A) Exchange rate ... (Read 53 times)

LaDunn

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on: Jul 10, 2018
Which of the following best identifies the four main areas of finance?
 
  A) Exchange rate management, investments, financial institutions and markets, international finance
  B) Corporate finance, investments, capital structure, international finance
  C) Corporate finance, investments, financial institutions and markets, international finance
  D) Corporate finance, capital budgeting, financial institutions and markets, regulation

Question 2

Last year, Mike bought 100 shares of Dallas Corporation common stock for 53 per share. During the year he received dividends of 1.45 per share. The stock is currently selling for 60 per share. What rate of return did Mike earn over the year?
 
  A) 11.7 percent
  B) 13.2 percent
  C) 14.1 percent
  D) 15.9 percent


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todom5090

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

Answer: C
Explanation: C) Exchange rate management, capital structure, and capital budgeting are activities within the functional areas of finance.

Answer to Question 2

D


LaDunn

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Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it

komodo7

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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