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