11) The following is correct about financing decision

Subject:AccountingPrice: Bought3

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11) The following is correct about financing decision.

I. Issuance of bonds

II. Issuance of stocks III. Use of retained earnings

a. I only is true

b. II only is false

c. III is true

d. All of them are correct

12.

It is not used in making an investment decision.

a. Payback period. b. Bond valuation

c. Net present value

d. Internal rate of return