Which of the following is correct regarding the decisions of state trial courts?
A) They are generally not reported.
B) They are reported in regional reports.
C) They are reported in state court reports.
D) They are binding upon higher courts based upon the principle of stare decisis.
A
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Indicate whether the statement is true or false
A simple capital structure is one that consists of common stock outstanding and possibly convertible preferred stock
Indicate whether the statement is true or false
Transformational leaders get people to transcend their personal needs for the sake of the group or organization.
Answer the following statement true (T) or false (F)
Which of the following statements is CORRECT?
A. To find the MIRR, we first compound cash flows at the regular IRR to find the TV, and then we discount the TV at the cost of capital to find the PV. B. The NPV and IRR methods both assume that cash flows can be reinvested at the cost of capital. However, the MIRR method assumes reinvestment at the MIRR itself. C. If two projects have the same cost, and if their NPV profiles cross in the upper right quadrant, then the project with the higher IRR probably has more of its cash flows coming in the later years. D. If two projects have the same cost, and if their NPV profiles cross in the upper right quadrant, then the project with the lower IRR probably has more of its cash flows coming in the later years. E. For a project with normal cash flows, any change in the cost of capital will change both the NPV and the IRR.