CORRECT ANSWERS ONLY! 1:After your first two years of college, you earn your master’s degree.

False

True

2:An MBA should only appeal to people who want to run a business.

True

False

3:You only need to get a minor if you think you will want to make a career change later in life.

False

True

4:There are two different kinds of bachelor's degrees, a Bachelor of Science and a Bachelor of Arts.

True

False

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.