Question
13. Operating leverage can be defined as Group of answer choices the leverage that shareholders have over bondholders the use of retained earnings to finance
13. Operating leverage can be defined as
Group of answer choices
the leverage that shareholders have over bondholders
the use of retained earnings to finance projects
the use of debt to finance projects
the use of preferred stock to finance projects
the use of fixed operating costs rather than variable operating costs
15. Consider the following returns and states of the economy for Neptune Corporation
Economy | Probability | Return |
Weak | 20% | -3% |
Normal | 20% | 6% |
Strong | 60% | 16% |
What is the standard deviation of the firm's returns? SET YOUR CALCULATOR TO FOUR DECIMAL PLACES AND ROUND TO 2 DECIMAL PLACES AT THE END. DO NOT ENTER THE %. FOR EXAMPLE, IF YOUR ANSWER IS 7.7012% ENTER IT AS 7.70.
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