811. Value of a bond just depends on the interest payment is offers.
A. True
B. False

812. In a variable growth model, the dividend is believed to grow at a constant pace forever after an initial growth period.
A. True
B. False

813. For a bond YTM is always equal to coupon rate.
A. True
B. False

814. When the concept of ratio is defined in respected to the items shown in the financial statements, it is termed as
A. Accounting ratio
B. Financial ratio
C. Costing ratio
D. None of the above

815. The definition, “The term accounting ratio is used to describe significant relationship which exist between figures shown in a balance sheet, in a profit and loss account, in a budgetary control system or in a any part of the accounting organization” is given by
A. Biramn and Dribin
B. Lord Keynes
C. J. Betty
D. None of the above.

816. The relationship between two financial variables can be expressed in:
A. Pure ratio
B. Percentage
C. Rate or time
D. Either of the above

817. Liquidity ratios are expressed in
A. Pure ratio form
B. Percentage
C. Rate or time
D. None of the above

818. The ratio analysis is helpful to management in taking several decisions, but as a mechanical substitute for judgment and thinking, it is worse than useless.
A. True
B. False

819. Profit for the objective of calculating a ratio may be taken as
A. Profit before tax but after interest
B. Profit before interest and tax
C. Profit after interest and tax
D. All of the above

820. General Profitability ratios are based on
A. Investments
B. Sales
C. a & B
D. None of the above