What are the costs of cross-listing?

A) It exploits growth opportunities with additional foreign capital.
B) It reduces the cost of capital.
C) It increases the stock price.
D) It costs money paid in exchange fees and it may impose a high level of examination on the company's managers.

Answer: D

Business

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The present value of future cash flow is found by

A) locating the correct factor on a z-table. B) using a discount factor. C) plotting the function on a graph. D) adding the total of all future cash flows.

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Employees on layoff usually retain and accumulate seniority for a period of time specified within the labor agreement

Indicate whether the statement is true or false

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