1. What is the general intention behind the Truth-in-Lending law? List three requirements under this regulation.
2. Explain the concept of a discount rate and the weighted average cost of capital
3. A convertible security is one that can be converted into common stock only at the option of the issuer. true or false? explain.
4. Provide a detailed overview of the top-down, three-step approach to investing discussed in class. Use illustrations where possible.