1). What are the differences between accounting and economic definition of profit? Give a detailed response.
2). Of the four (4) commonly used capital budgeting techniques; from an economic perspective which is the only one that is consistent with maximizing shareholders wealth? Give a detailed response with examples.
3). How do capital markets benefit society? Give a detailed response with examples.
4). What are the differences between CAPM and APT? Give specific examples.
5). What do you believe are the weaknesses in 'capital market efficiency' theory? What are its strenghts?
6). Define EVA? What are its strenghts? What are its weaknesses?
7). How has the role of the CFO changed over the last 25 to 50 years? Be specific.