CHAPTER 1 Goals and Governance of the Firm Answers to Problem Sefs 1. a. real b. executive airplanes c. brand names d. financial e. bonds . g. investment capital budgeting h. financing f 2. c, d, e, and g are real assets. Others are financial. 3. a. Financial assets, such as stocks or bank loans, are claims held by investors. Corporations sell financial assets to raise the cash to invest in real assets such as plant and equipment. Some…
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