. True / False Questions:

21. The mix of a company's short-term financing is referred to as its capital structure.

22. The CAPM is a theory of the relationship between risk and return that states that the expected risk premium on any security equals its beta times the market return.

23. The project cost of capital depends on the project and hence also on the risk of the company.

24. The security market line provides a standard for project rejection.

25. A shelf registration a type of public offering that every issuers are allowed to offer and sell securities to the public.