1. The iPhone X is an example of a disruptive technology: True or False
2. Dilution of ownership is a benefit to an early stage venture capitalist because it indicates that other investors want a share of the same venture: True or False
3. All new issues of common stock will dilute the ownership share of current owners unless current owners buy the new shares to maintain their pre issue share of the compnay- True or False
4. Barry Cuda is considering the purchase of the following Builtrite bond: $1000 par, 5 1/4% coupon rate, 15 year maturity that is currently selling for $1030. If Barry purchases this bond, what would his approximate yield to maturity be?
4.46%
4.95%
5.34%
4.84%