Business, 23.12.2021 01:30 ethanhose05

Which of the following is incorrect? i. The rate required in the market on a bond is the yield to maturity.
ii. Compounding the interest means earning interest on interest.
iii. External equity and dividends can be used as plug variables in a financial plan
iv. There are two primary mechanisms for electing directors: cumulative voting and straight voting.
v. A financial plug variable is associated with internal financing needed to deal with any shortfall or surplus in financing and thereby bring the balance sheet into balance.

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Which of the following is incorrect? i. The rate required in the market on a bond is the yield to...

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