1. The primary function of the capital budget is to forecast _____.?
a. ?the projects' multiple internal rates of return b. ?the discounted cash inflow from various projects c. ?the terminal value of the cash flows from different projects d. ?the funds required for future projects e. the target payback periods of the projects undertaken by a firm?
2. A shareholder can transfer the right to vote to a second party, by means of an instrument known as _____.?
a. ?arbitrage b. ?rationing c. ?allotment d. ?proxy e. ?consortium