Business Finance 3
- Created by: mustafaali1838
- Created on: 15-01-20 07:40
Other questions in this quiz
2. The option for a firm to expand future production has value because:
- Today's production costs are lower than in the future
- The option requires no investment today
- The future holds uncertainty
- Future production will be profitable
3. A proxy contest is typically one in which:
- Board attempts to gain control from the shareholders
- Outsiders attempt to gain control from management
- Board attempts to gain control from the Directors
- Management attempts to gain control from the Directors
4. System of electing a board of directors where each director is voted on separately is known as:
- Majority voting
- Cumulative voting
- Superma
5. A warrant grants its holder the right to do which one of these prior to a specified date?
- Purchase shares at a predetermined price
- Exchange stock for bonds at a specified price
- Convert debt into a specified number of shares
- Sell common shares at a predetermined price
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