Question: Question 5 Explain the major differences between debt and equity securities , and briefly detail some examples of each specifying whether they are short or

Question 5
Explain the major differences between debt and equity securities, and briefly detail some examples of
each specifying whether they are short or long term source of funding.
Question 6
List and describe the assumptions of Fishers separation theorem. What is the major implication of
this theorem for financial decision making?
Question 7
Explain NPV and IRR, and discuss the relationship between them.

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