Wealth Management

1. Total financing cost of debt and equity
3. Level stream of cash flows starting immediately
4. point of the level of sales at which the company breaks even
5. Costs that do not depend on the level of output
8. stream of level cash payment that never ends
10. firm buys back stock from its shareholders
11. Ownership shares in a publicly held corporation
15. equally spaced level stream of cash flows
16. Present value of cash flow minus initial investment
17. Debt financing amplifies the effects of changes in operating income on the returns of the stockholders

2. firm's mix of equity and debt financing
6. Capital Asset Pricing Model
7. amount to which an investment will grow after earning interest
9. the interest paid back to the bondholder
10. fiancial statement that shows the value of the firm's assets and liabilities at a particular time
12. value today of a future cash flow
13. Periodic cash distribution from the firm to its shareholders
14. sensitivity of a stock's return to the return on the market portfolio