FIN 370 Final Exam Homework | Page 2

​Coverage ​Liquidity
As new capital budgeting projects arise , we must estimate __________.
the cost of the stock being sold for the specific project ​when such projects will require cash flows ​the cost of the loan for the specific project ​the float costs for financing the project
What ’ s the current yield of a 6 percent coupon corporate bond quoted at a price of 101.70 ?
6.1 percent ​10.2 percent ​6.0 percent ​5.9 percent
We call the process of earning interest on both the original deposit and on the earlier interest payments :
computing . ​multiplying . ​compounding . ​discounting .
Which financial statement reports a firm ’ s assets , liabilities , and equity at a particular point in time ?
​Balance sheet