1. Corporate dividend policy determines the composition of shareholders instead of shareholders determining the corporate dividend policy-Comment.
2. Explain various methods of investing surplus cash. What criteria should a firm use in investing in marketable securities?
3. What are spontaneous sources of working capital? What impact they have on financing the working capital requirements of a company?
4. Make out the difference between common stock and preferred stock. Which stock should a company prefer for financing its fixed capital requirement? Why?
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