Wealth Management

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Across
  1. 1. firm buys back stock from its shareholders
  2. 3. Capital Asset Pricing Model
  3. 4. Total financing cost of debt and equity
  4. 7. Ownership shares in a publicly held corporation
  5. 8. amount to which an investment will grow after earning interest
  6. 9. value today of a future cash flow
  7. 10. Costs that do not depend on the level of output
  8. 13. sensitivity of a stock's return to the return on the market portfolio
  9. 15. Present value of cash flow minus initial investment
  10. 17. stream of level cash payment that never ends
  11. 18. the interest paid back to the bondholder
Down
  1. 2. fiancial statement that shows the value of the firm's assets and liabilities at a particular time
  2. 5. equally spaced level stream of cash flows
  3. 6. point of the level of sales at which the company breaks even
  4. 11. firm's mix of equity and debt financing
  5. 12. Periodic cash distribution from the firm to its shareholders
  6. 14. Debt financing amplifies the effects of changes in operating income on the returns of the stockholders
  7. 16. Level stream of cash flows starting immediately