Which of the following statements is most accurate regarding a firm’s cost of preferred shares A firm’s cost of preferred stock is:（） A: the market price of the preferred shares as a percentage of its issuance price. B: the dividend yield on the firm’s newly-issued preferred stock. C: approximately equal to the market price of the firm’s debt as a percentage of the market price of its common shares.

The employer of the cost plus remuneration contract almost bears all the risks of the project.

在（）合同中，卖方最关心项目范围。 A: 固定价 B: 成本加固定费 C: 时间和材料 D: 成本加基本费

As the convenience yield increases, which of the following is true? A: The one-year futures price as a percentage of the spot price increases B: The one-year futures price as a percentage of the spot price decreases C: The one-year futures price as a percentage of the spot price stays the same D: Any of the above can happen E: None of the above

Some provisions of the contract are: "$1,000 per metric ton CIF Singapore", the price should be _______. A: price set after B: provisional price C: fixed price D: to be determined