15. A bond differs from a share of stock in that a bond: A. represents a claim on the firm. B. has more risk C. has guaranteed returns. Dhas a maturity date 16. The opportunity cost of capital: is the interest rate that the firm pays on a loan from a financial institution B is the maximum acceptable rate of return on a project. C. is the minimum acceptable rate of return on a project. D. is the maximum acceptable capital loss on a project. 17. A company can pay for its expansion in all the following ways except: A. by using the earnings generated from its sale of obsolete equipment B. by persuading a director's mother to make a personal loan to the company. C] by purchasing bonds in the secondary market. D. by plowing back part of its profits