Sell at the best available price when the trade is executed

Assignment Help Financial Management

Reference no: EM131968557

1. What is the profitability index (to 2 decimal places) for a project that has an initial cost of $450,000 and the following cash flows in years 1-5, assuming a 10.5% discount rate? Year Cash Flow

1) 50,000

2) 75,000

3) 125,000

4) 225,000

5) 275,000

2. The Sarbanes−Oxley Act of 2002 strengthens accounting disclosure requirements and ethical guidelines for financial officers.

True False

3. When an investor places a? ________ order, he agrees to buy or sell at the best available price when the trade is executed.

A. stopminus−limit

B. limit

C. stop

D. market

Reference no: EM131968557

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