The document contains multiple choice questions about financial concepts such as options valuation, cost of capital calculation, capital budgeting, and working capital forecasting. Specifically, it asks the reader to: 1) Identify which option terms would decrease the option value. 2) Calculate the pre-tax profit from exercising a put option if the stock price drops. 3) Determine the cost of common equity using the CAPM approach given the risk-free rate, market risk premium, and beta. 4) Indicate which project has a higher NPV sensitivity to changes in the WACC given cash flow information.