Question: Question 6 Briefly explain. Consider the following statement on public corporation type business. A director can be fired with no implication on ownership Is this

Question 6 Briefly explain. Consider the following statement on public corporation type business. "A director can be fired with no implication on ownership" Is this statement true or false? Question 7 An investor plans to buy a 10-year, $1,000 par value, 8% semi-annual coupon bond. If the yield to maturity of the bond is 9%, the bond value is: O A. $935.96 O B. $1,067.95 O c. $934.96 O D. $935.82 Question 8 You are overseeing the purchasing department of Acon- the electronics and appliance retailer and are concerned about the funding gap in your cash conversion cycle. Which of the following will not reduce the funding gap A Increasing the payable period B. Increasing sales (>c. Decreasing receivables collection period D. Decreasing days inventory

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