Examlex
Which of the following statements does NOT describe a function of money?
Beta
A measure of a stock's volatility or risk as compared to the overall market, indicating how much the stock’s price is expected to move relative to market movements.
Coupon Rate
The annual interest rate paid by a bond issuer to its bondholders, usually expressed as a percentage of the bond's face value.
Capital Structure
The mixture of debt and equity financing a firm uses to fund its operations and growth.
Flotation Costs
The costs associated with the process of raising new capital through the sale of stocks or bonds to investors, including advisory, legal, and promotional expenses.
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