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Accounting Finance

True or False
a. Financing for public corporations must flow through financial markets.
b. Financing for private corporations must flow through financial intermediaries.
c. The sale of policies is a source of financing for insurance companies.
d. Almost all foreign-exchange trading occurs on the floors of the FOREX exchanges in New York and London.
e. The opportunity cost of capital is the capital outlay required to undertake a real investment opportunity.

Solution Preview

True of False
a. Financing for public corporations must flow through financial markets.
False (Its not necessary, though mostly it is the case)

b. Financing for private corporations must ...

Solution Summary

True or False
a. Financing for public corporations must flow through financial markets.
b. Financing for private corporations must flow through financial intermediaries.
c. The sale of policies is a source of financing for insurance companies.
d. Almost all foreign-exchange trading occurs on the floors of the FOREX exchanges in New York and London.
e. The opportunity cost of capital is the capital outlay required to undertake a real investment opportunity.

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