What total shares of common stock that a firm is allowed

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Problem 1: It is the equilibrium price wherein a buyer is willing to pay and the seller is willing to sell in a competitive market.

a. Market Value

b. Market ceiling

c. Market efficiency

d. Market standard

Problem 2: Total shares of common stock that a firm is allowed to issue that was registered in Securities and Exchange commission is called ____.

a. Outstanding shares

b. Treasury shares

c. Issued shares

d. Authorized shares

Problem 3: A five-year P1,000 par value bond pays a 6.50% annual coupon. Given a YTM of 8.0%, what is the price of the bond today?

a. P860

b. P1,040

c. P940

d. P1000

Reference no: EM132809364

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