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1)What are the three main types of business securities?
Select one:
a. Preferred, nonpreferred, and trading
b. Debt, savings, and loans
c. Preferred, common, and debt
d. Stock, equity, and debt
2)
How do financial managers tend to value all assets in the same terms?
Select one:
a. By evaluating cash flows
b. By qualifying cash flows
c. By interpreting cash flows
d. By estimating cash flows
Answer & Explanation
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