Test bank International Finance MCQ (word)Chap 3【DOC精选】.docVIP

Fundamentals of Multinational Finance, 3e (Moffett) Chapter 13 Sourcing Equity Capital Globally 13.1 Multiple Choice and True/False Questions 1) The choice of when and how to source equity globally is usually aided early on by the advice of A) an investment banker. B) your stock broker. C) a commercial banker. D) an underwriter. Answer: A Topic: Equity Sourcing Skill: Recognition 2) Investment banking services include WHICH of the following? A) advising when a security should be cross-listed B) preparation of stock prospectuses C) help to determine the price of the issue D) all of the above Answer: D Topic: Investment Banking Skill: Conceptual 3) Most firms raise their initial capital in foreign markets. Answer: FALSE Topic: Raising Capital Skill: Conceptual 4) Which of the following is the typical order of sourcing capital abroad? A) An international bond issue, then cross listing the outstanding issues on other exchanges, then an international bond issue in the target market. B) An international bond issue in the target market then cross listing the outstanding issues on other exchanges, then an international bond issue. C) An international bond issue, then an international bond issue in the target market, then cross listing the outstanding issues on other exchanges. D) Cross listing the outstanding issues on other exchanges, then an international bond issue, then an international bond issue in the target market. Answer: C Topic: Global Equity Sourcing Skill: Conceptual 5) ________ are negotiable certificates issued by a bank to represent the underlying shares of stock, which are held in trust at a foreign custodian bank. A) Negotiable CDs B) International mutual funds C) Depositary receipts D) Eurodeposits Answer: C Topic: Depositary Receipts Skill: Recognition 6) Depositary receipts traded outside the United States are called _