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doing which of the following?A. Borrow more. B. Shift shortterm to longterm debt. C. Shift longterm to shortterm debt. D. isssue mon stock.III. Statement judgement (5questions, 2points each, 10 points total)1. Until around the first half of the 1900s, financial managers primarily raised funds and managed their firm’s cash positions. ( )2. Discount Rate is the interest rate used to convert present values to future values. ( )3. In a sole proprietorship, the owner is personally responsible for all financial obligations of the firm. ( )4. The market price of a particular bond is much greater today than it was yesterday. The calculated yield to maturity (YTM) based on today39。s market price would, therefore, be greater than the calculated YTM based on yesterday39。s market price. ( )5. Simple interest is interest that is paid on only the original amount borrowed (lent) ( )IV. Questions. (4 questions