面对技术创新实践对社会影响的不确定性，我们有必要坚持“负责任的技术创新”的原则，将伦理和社会因素的考量纳入技术创新的全过程。

A、Easy transfer of ownership

B、Limited life

C、Easy to get financing

D、Entitled to sign contracts

A、There are no social costs

B、Managers act in the best interests of stockholders

C、Lenders to the firm are fully protected from expropriation

D、All of the above

A、The goal should be very clear.

B、The goal should be measurable.

C、The goal should not bring costs to other businesses or groups.

D、The goal should be easily changeable and adjustable.

A、The manager can control the issuing amount of bonds

B、The manager does not consider his own interests.

C、The creditor is completely protected in order to avoid wealth being exploited by shareholders.

D、Business managers will not use their own unique information to mislead financial markets.

A、Any situation in which it is possible to make a profit without taking any risk is known as an arbitrage opportunity.

B、Any situation in which it is possible to make a profit without making any investment is known as an arbitrage opportunity.

C、We call a competitive market in which there are no arbitrage opportunities an arbitrage market.

D、The practice of buying and selling equivalent goods in different markets to take advantage of a price difference is known as arbitrage.

A、At any point in time, the price of two equivalent goods trading in different competitive markets will be the same.

B、One useful consequence of the Law of One Price is that when evaluating costs and benefits to compute a net present value, we can use any competitive price to determine a cash value, without checking the price in all possible markets.

C、If equivalent goods or securities trade simultaneously in different competitive markets, then they will trade for the same price in both markets.

D、An important property of the Law of One Price is that it holds even in markets where arbitrage is not possible.

A、Finding the present value and compounding are the same.

B、A dollar today and a dollar in one year are not equivalent.

C、If you want to compare or combine cash flows that occur at different points in time, you first need to convert the cash flows into the same units or move them to the same point in time.

D、The equivalent value of two cash flows at two different points in time is sometimes referred to as the time value of money.

A、The process of moving a value or cash flow forward in time is known as compounding.

B、The effect of earning interest on interest is known as compound interest.

C、It is only possible to compare or combine values at the same point in time.

D、A dollar in the future is worth more than a dollar today.

A、$4.08

B、$4.38

C、$5.47

D、$5.77