1. At what stage of the IPO process do senior management and the lead underwriters travel to promote the company and explain their rationale for the offer price to the underwriters' largest customers?
A) when filing with the secs
B) after initial price range is established
C) when managing risk
D) when matching buyers to sellers of the stock
2. The minimum variance frontier collects all the portfolios
A. with the lowest possible systematic risk
B. that are efficient
C. that provide the highest expected return for every attainable return volatility.
D. that provide the lowest volatility of the return for every attainable expected return.
3. What statement is true?
a) The cost of capital of is the firm's cost of of debt
b) The cost of capital of the firms is the maximum rate of return that a project must earn to increase the value of a firm.
c) The cost of capital of the firms is the minimum rate of return that a project must earn to increase the value of a firm.
d) The cost of capital of is the firm's cost of of equity