Across
- 3. A firm that finances its assets by equity and debt is called a ________ firm
- 4. The firm’s overall cost of capital
- 5. Are incurred when the funds are externally raised
- 7. obligations consist of those financial obligations that are at the discretion of the board of directors
Down
- 1. Means the readiness of investors to purchase a security in a given period of time
- 2. The financial flexibility of a firm depends on the financial ______ it maintains
- 6. initial public offerings
