1-

A company can pay for an expansion in all the following ways except:

		by using the earnings generated from its sale of obsolete equipment.
		by selling its bonds in the secondary market.
		by selling new shares of stock.
		by plowing back part of its profits.

2-

Reinvestment" means

		selling new shares of stock to get new shareholders to invest in ongoing projects.
		the reinvestment of retained earnings into new projects.
		new investment in new operations.
		refinancing existing operations with equity rather than debt.

3-

Which one of these is most likely to be held in a money market mutual fund?

		Commercial paper
		A corporate bond
		A Treasury bond
		Common stock