东财《公司金融》在线作业二（Dongcai company financial online homework two）.doc

东财《公司金融》在线作业二（Dongcai company financial online homework two） Dongcai company financial online homework two 1., if the amount of dividends varies with the investment opportunity and profit level, the dividend policy refers to A. residual dividend policy; B. fixed dividend or stable growth dividend policy; C. fixed dividend payout ratio policy; D. low normal dividend plus dividend policy The correct answer: A Full Score: 4 points: 4 2. as the maturity date of the bond approaches, (). The volatility of the price of the A. bond increases, but decreases with decreasing amplitude; The volatility of the price of the B. bond increases; and increases in increments; The fluctuation of the price of the C. bond is smaller; moreover, it decreases with the decreasing amplitude; The volatility of D. bond prices is smaller, but smaller by increments The correct answer: D Full Score: 4 points: 4 3. other conditions unchanged, if a coupon bond selling at a premium, then () A. its coupon rate is equal to its maturity rate of return; B. its market price is below par; C. it must pay an interest once; D. its maturity yield must be below its coupon rate The correct answer: D Full Score: 4 points: 4 4., the capital budget is the management of the companys () management process. A. short-term assets and liabilities B. long term investment C. portfolio of debt and equity financing D. working capital The correct answer: B Full Score: 4 points: 4 The 5. pecking order theory holds that the general order of corporate finance is (). A. first internal financing, external financing, debt financing, stock financing; B. first internal financing, external financing, first stock financing, debt financing; C. first external financing, internal financing, debt financing, stock financing; D. first external financing, internal financing, stock financing, debt financing The correct answer: A Full Score: 4 points: 4 The 6. signal model mainly deals with (). The adverse selection of information hidden by A. f