45. Which of the following is an example of a capital market instrument? a. Commercial Paper. b. Treasury bills. c. Preferred stock. d. Banker’s acceptances. 46. Which of the following ratios will...

45. Which of the following is an example of a capital market instrument?

a. Commercial Paper.

b. Treasury bills.

c. Preferred stock.

d. Banker’s acceptances.

46. Which of the following ratios will increase as a firm uses more financial leverage?

a. The debt-to-equity ratio

b. The inventory turnover

c. The time-interest-earned ratio

47 You need $2,000 to buy a new stereo for your car. If you have $800 to invest at 5 percent compounded annually, how long will you have to wait to buy the stereo?

a. 18.78 years.

b. 14.58 years.

c. 8.42 years.

d. 6.58 years.