The more predictable a firm's cash inflows, the more net working capital it will need

Information asymmetry is chief among violations of which of the assumptions of an ideal capital market?

a. Capital Markets are frictionless b. Homogeneous expectations c. Atomistic competition d. The firm has a fixed investment program e. Once chosen, the firm's financing is fixed

TRANSACTION exposure measures gains or losses that arise from the settlement of existing financial obligations whose terms are stated in a foreign currency

Indicate whether the statement is true or false.