Greater variation from the expected mean of cash flows, means greater ___.

The method of calculation in which you calculate all inflows and outflows of cash and discount them to determine if a capital expenditure project should be undertaken.

Bond prices increase when yields to maturities go in this direction.

The process through which a firm borrows debt or uses credit to purchase another firm.

The type of center that "supports certain business services (e.g. Finance, IT, HR, Procurement) of a company (both internally and externally)." There are over 100 of these centers in Hungary.

If a firm wishes to diversify its business portfolio by purchasing a new business, it will look for a firm that has a ___________ correlation in cash flow generation compared to its current business.

This is the rate of return on a project when the net present value of the project equals 0. If higher than the cost of capital, it would mean a capital project is worth taking on.

A firm's cost of capital increases when a rating agency's takes this action.

A security contract between a lender and investor in which debt such as notes or bonds can be eventually transformed into shares of equity in a company.

The NLB Group was once a state owned entity and went through this process of ____ when the Slovenian state sold the majority of its state-owned shares to investors.

One means to measure risk is to calculate the ___________ by taking the standard deviation divided by the expected mean.

When the sale price of an asset is greater than its book value, this difference is called a taxable ____.

To determine the weighted average cost of capital (WACC), you must use the weights of what to determine the WACC calculation.

Bondholders holding this type of debt have the highest claim on a company's assets, should the company go bankrupt, because assets are pledged. (Name the type of debt).

The type of financing in which the expected cash flows from a project are used to calculate the net present value of the project, not a business/corporation.

Below are two coefficients of variation of two projects.
Project 1: 0.256
Project 2 : 0.356
Which project has a higher degree of risk?

The decision-making methodology that determines how quickly a project's costs will be recovered.

The cost to issue new shares(or (bring the shares to market) in a public offering is called this. This increases the overall cost of equity if new shares are to be issued.

Firms use their cash to increase their EPS by reducing the number of common shares when they take this action.

The firm responsible for leading an issuance of an IPO is called this.

The formula for the Capital Asset Pricing Model is an alternative means for calculating which cost of capital?

To determine net cashflows, depreciation must be deducted from earnings because a firm does not pay taxes on depreciation. This benefit is called a tax _____?

To determine the cost of debt of a firm (Kd), you must tax adjust the debt rate by using this formula because firm's do not pay taxes on interest payments.

When a company increases the number shares and reduces the price of its shares proportionally so as not to change its current equity holdings, this is called ____.

A _____ is established in project finance to "ring-fence" the project as an investment. In turn, this allow investors to share risk in the project.