Operating leverage is caused by a firm using ______ since this causes a ______ cost. 

The theory of the time value of money refers to the fact that

Transactions between investors occur in ________ markets while transactions between a firm and an investor occurs in ________ markets.

A stock that is more risky than the market will have a beta of ________. A stock that is less risky than the market will have a beta of ________.

The value of any asset is best described as its

When a bond is first issued, which of the following is fixed for the life of the bond?

FDIC insurance protects

An investor typically demands a return due to _______ and also due to _______.

There is a bond that is selling for $800. It will mature in 20 years and was originally issued with a coupon rate of 4%. If you purchase this bond, you will earn a capital ______ and ultimately earn the ______ rate.

What are the sources of capital for a firm?