To carry out systematic retirement of bonds, a corporation makes semiannual or annual payments that are used to retire bonds by purchasing them in the marketplace

Which of the following best describes who may be a partner in a limited partnership?

A) An individual, corporation, and an estate, only B) An individual, corporation, and a limited partnership only C) An individual only D) An individual, corporation, limited partnership and an estate E) An individual and a corporation only

Which of the following statements is FALSE?

A) We can use scenario analysis to evaluate alternative pricing strategies for our project. B) Scenario analysis considers the effect on NPV of changing multiple project parameters. C) The difference between the IRR of a project and the cost of capital tells you how much error in the cost of capital it would take to change the investment decision. D) Scenario analysis breaks the NPV calculation into its component assumptions and show how the NPV varies as each one of the underlying assumptions change.