1. ______________ form of market efficiency states that current prices fully reflect all publicly available information
A) Weak
B) Semi-strong.
C) Strong.
D) Flexible.
2. Which of the following is the first step in capital budgeting process?
A) Final approval.
B) Screening the proposal.
C) Implementing proposal.
D) Identification of investment proposal.
3. A project costs Rs, 1,00,000 annual cash flow of Rs. 20,000 for 8 years. Its payback period is ______________.
A) 1 year.
B) 2 years.
C) 3 years.
D) 5 years.
4. Which form of market efficiency states that current prices fully reflect the historical sequence of prices?
A) Weak.
B) Semi-strong.
C) Strong.
D) Highly strong.
5. __________ is a payment of additional shares to shareholders in lieu of cash.
A) Stock split.
B) Stock dividend.
C) Extra dividend.
D) Regular dividend.