The Value of the Firm Is the Sum of All

Multiple Choice

The value of the firm is the sum of all claims against it. These marketed and non-marketed claims:

A) increase in value together and are both bought and sold in the financial markets.
B) trade-off against one another in value with marketed claims bought and sold in the financial markets but not non-marketable claims.
C) decrease in value together and are both bought and sold in the financial markets.
D) trade-off against one another in value with both marketed and non-marketed claims bought and sold in the financial markets.