Business, 31.05.2021 23:30 zahradawkins2007

Which of the following is incorrect? a. Future value means earning interest on interest.
b. External equity and dividends can be used as plug variables in a financial plan.
c. A financial plug variable is the designated source of external financing needed to deal with any shortfall or surplus in financing and thereby bring the balance sheet into balance.
d. There are two primary mechanisms for electing directors: cumulative voting and straight voting.
e. The rate required in the market on a bond is the yield to maturity.

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Which of the following is incorrect? a. Future value means earning interest on interest.
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