10. Explain why we expect the return on any particular capital component to be equal to the cost of that component. Be sure to include a discussion of the concept of opportunity cost in your answer. 11. Discuss the concepts of Book Value, Market Value and Production Value, the functional relationship between each, and under what conditions we might expect the three to converge. 12. Why is FCF the preferred cash flow variable used in asset valuation modeling? 13. Explain the EV equation and what is meant by a firm's enterprise value