QUESTION $1$

Match the term to the description that best fits.

Situation where a company is unable to borrow

Shares in a company's future

Firm that can offer capital for another business to grow and remain competitive

The act of selling shares of ownership in a business to investors in a public market

Number of shares that can be issues as determined by a corporation's board of directors

Primary market transaction

Secondary market transaction

Condition of a stock when it is tradable

Total dollar value of outstanding shares

Most prevalent type of shares that allows for owner to vote and are typically more risky

Low risk shares that have less volatile prices, allow for more reliable dividend payments

The portion of a company's profit allocated to individual outstanding shares

Dividend payout and retention rates

Amount borrowed

Bonds that may be changed into common equity upon maturity Unsecured bonds

BOnd backed by state or municipal governments

Bonds rated below $BBB$ or Baa speculative and carry default risk

Measure of a bond's rate of return over the course of $1$ year or less

Indicates that future interest rates are expected to remain as they currently are

A$.$ Venture Capital Firm

B$.$ Authorized shares

C$.$ Liquidity

D$.$ Initial public offering

E$.$ Costs of debt are too

F$.$ Junk bonds

G$.$ Common stock

H$.$ General obligation bor

I. Growth ratios

J$.$ Face Value

K$.$ Debenture

L$.$ EPS

M$.$ "going public"

N$.$ Flat yield curve

O$.$ Convertible bond

P$.$ Current yield

Q$.$ Preferred stock

R$.$ Stocks

S$.$ Market capitalization

T$.$ Stock changes owners