115. Mr. A has just recently started a business by investing a capital of Rs. 500,000. He will be th

115. Mr. A has just recently started a business by investing a capital of Rs. 500,000. He will be the only owner of the business and also enjoy all the profits of the business. Which type of business is being employed by Mr. A?Select correct option:Sole-proprietorshipPartnershipCorporationNone of the given options116. Time value of money is an important finance concept because:Select correct option:It takes risk into accountIt takes time into accountIt takes compound interest into accountAll of the given options117. The preferred stock of a company currently sells for Rs. 25 per share. The annual dividend of Rs. 2.50 is fixed. Assuming a constant dividend forever, what is the rate of return on this stock?Select correct option:5.00 percent7.00 percent8.45 percent10.0 percent