Considered capital market security

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Reference no: EM131850795

1. A firm's permanent working capital refers to the:

difference between fixed assets and current assets.

maximum difference between current assets and current liabilities.

portion of net working capital that is financed from long-term sources.

amounts that must be held to meet debt covenants.

2. Which of the following would not be considered a capital market security?

a 20-year corporate bond

a common stock

a 6-month Treasury bill

a mutual fund share

Reference no: EM131850795

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