principles_of_corporate_finance_英文第十版习题解答chap.docxVIP

CHAPTER 1 Goals and Gover nance of the Firm An swers to Problem Sets a. real executive airpla nes brand n ames finan cial bonds inv estme nt capital budgeti ng financing c, d, e, and g are real assets. Others are finan cial. a. Finan cial assets, such as stocks or bank loa ns, are claims held by investors. Corporations sell financial assets to raise the cash to invest in real assets such as pla nt and equipme nt. Some real assets are intan gible. Capital budgeti ng means in vestme nt in real assets. Financing means rais ing the cash for this inv estme nt. The shares of public corporati ons are