Why is stock valuation more difficult than bond valuation? (2.5 marks)
Explain why ethics is an appropriate topic in the study of corporate finance. (3 marks)
Identify the basic forms of business organization in the Saudi Arabia and their respective strengths and weaknesses. (3 marks)
If a Volkswagen Passat costs $26,350 in Baltimore and €21,675 in Frankfurt, what is the implied exchange rate between the U.S. dollar and the euro? (1.5 marks)