A. Pessimistic
B. Optimistic
C. Experienced
D. Inexperienced
Which of the following is not a quality of IRR ?
A. Most widely used
B. Ideal to rank the mutually exclusive investments
C. Easily communicated and understood
D. Can be estimated even without knowing the discount rate
A. Low market to book ratio
B. High book to market ratio
C. High market to book ratio
D. Low book to market ratio
Which of the following relationships holds TRUE if a bond sells at a discount?
A. Bond Price coupon rate
B. Bond Price > Par Value and YTM > coupon rate
C. Bond Price > Par Value and YTM
A. Venture partners
B. Corporate partners
C. Limited partners
D. General partners
A. Higher risk
B. Lower risk
C. Expected risk
D. Peaked risk
Who of the following make a broader use of accounting information?
A. Accountants
B. Financial Analysts
C. Auditors
D. Marketers
Financial analysts make extensive use of accounting information; they are some of the most important end users. Understanding finance helps accountants recognize what types of information are particularly valuable and, more generally, how accounting information is actually used (and abused) in practice.