Write the correct word or phrase in the blank space. 1. A __________ bond allows the issuer to redeem it before maturity. 22. A __________ gives the holder the option to buy company stock at a set price in the future. 23. __________ costs do not vary with production and contribute to operating leverage. 24. When dividends are declared, retained earnings are . 25. The return difference between a risky investment and a risk-free one is called the . 26. Investors in equity have a **** claim on assets in liquidation. 27. A lease that does not transfer ownership or risk is called an __________ lease. 28. Companies may issue **** to attract investors without giving up ownership immediately. 29. The __________ method ignores the time value of money and calculates how long it takes to recover the cost of an investment. 30. Stable dividends help maintain __________ confidence and support share prices