Considered capital budgeting decision

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Reference no: EM131859963

1. Which one of the following would be considered a capital budgeting decision?

-Planning to issue common stock rather than issuing preferred stock

-Deciding to expand into a new line of products, at a cost of $5 million

-Repurchasing shares of common stock

-Issuing debt in the form of long-term bonds

2. Which of the following statements regarding discount brokers is true :

- All discount brokers offer on-line trading.

- Discount brokers only execute orders on stock transactions

- Discount brokers may offer little investment advice

- Discount brokers do not offer SIPC protection

Reference no: EM131859963

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