(e) Cost of equity increases with leverage. (f) Arbitrage ensures that two investment strategies with the same payoff command the same price. (g) There is a risk premium on corporate debt. (h) Financial risk of debt decreases with leverage. (i) Under the assumptions of the class (perfect markets), taking out a personal loan or a corporate loan is a matter of irrelevance. (j) Time preferences are irrelevant to investors in financial markets. (k) Volatility is irrelevant to pricing zero-coupon debt. (1) The Board of Directors hires the CEO. (m) In perfect markets, investment decisions depend on financing decisions. (n) Ownership rights and voting rights get separated when a stock trades between the record date and the general meeting date. (o) According to standard arguments, the price per share depends on the number of shares outstanding. (p) Share repurchases are good news for shareholders. (e) Cost of equity increases with leverage. (f) Arbitrage ensures that two investment strategies with the same payoff command the same price. (g) There is a risk premium on corporate debt. (h) Financial risk of debt decreases with leverage. (i) Under the assumptions of the class (perfect markets), taking out a personal loan or a corporate loan is a matter of irrelevance. (j) Time preferences are irrelevant to investors in financial markets. (k) Volatility is irrelevant to pricing zero-coupon debt. (1) The Board of Directors hires the CEO. (m) In perfect markets, investment decisions depend on financing decisions. (n) Ownership rights and voting rights get separated when a stock trades between the record date and the general meeting date. (o) According to standard arguments, the price per share depends on the number of shares outstanding. (p) Share repurchases are good news for shareholders