QUESTION 16 5 points Saved In return for access to equity a firm must: report its performance quarterly and annually provide adequate disclosures always pay dividends a and b only 5 points Saved QUESTION 17 Valuing a company is important when evaluating the company's common stock as a potential investment price to be paid for acquiring another company price to be asked for a company that is on sale all of the above QUESTION 18 5 points Saved Valuation techniques include which of the following book value liquidation value replacement cost a and c 5 points Saved QUESTION 19 The framework within which exchange rates are determined today is called the Eurocurrency market the international monetary system the Bank for International Settlements (BIS) network the Bretton Woods system 5 points Saved QUESTION 20 Inflation is a factor that affects the value of a company because it affects both cash flow and the discount rate does not increase investors rate of return positively affects the terminal value of a company's investments a and b