1. Which of the following can be taken into account when valuing publicly traded stock?
a. ex-dividends
b. restriction on the stock
c. blockage discount
d. all of the above
2. Which of the following is NOT true with respect to financial guaranty insurance?
It guarantees the payment of principal and interest on debt instruments.
It substitutes the insurer's financial strength for that of the borrower.
It covers loss resulting from destruction of account receivable records.
It serves to lower the interest rate that a borrower must pay.