Reference no: EM13970392 , Length: 2000
Please kindly provide quality answers as per the requirements.
Each answer MUST provide:
1) graphical illustrations;
2) examples; and
3) academic citations
Total Number of words for the whole assignment MUST within 2000words.
1.
(i) Explain the functions of financial markets.
(ii) Discuss why a dollar tomorrow cannot be worth less than a dollar the day after tomorrow.
2. (i) Discuss capital rationing and soft rationing.
(ii) What are some of the important points to remember while estimating the cash flows of a project?
3. (i) Discuss the certainty equivalent approach to estimating the NPV of a project. (ii) Discuss the problems associated with capital investment process.
4.
(i) Discuss the three forms of market efficiency and explain the basis for it.
(ii) Discuss some of the features that would increase the value of a corporate bond?