T/F

18. ____ The annual return may only be calculated for stock, not bonds.

19. ____ A cash deficit unit is a party that needs financing (debt or equity) from the financial markets.

20. ____ One of the risks of borrowing money is the possibility of not being able to pay it back as agreed.

21. ____ If a financial security has higher risk than another security, the investor in the high- risk security expects a higher return than that for the comparatively low-risk security.