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An investor may anticipate that a bond will be called if interest rates have risen.​

Bonds may not be repurchased by the firm prior to maturity.​

An investor may anticipate that a bond will be called if interest rates have risen.​

A reserve split (e.g., 1 for 10) should raise the per share price of a stock but not its total value.

A financial intermediary transfers

What serves for money in France may not be money in another country.​

A cash budget seeks to determine estimated costs and revenues in order to forecast earnings.​

A cash budget seeks to determine estimated costs and revenues in order to forecast earnings.​

One type of risk adjustment alters the firm’s cost of capital for the probability of occurrence.​

Dividend reinvestment plans are