Assume that Goodhealth Clinic has fixed costs of $1,000,000 and a total cost forecast of $1,500,000 at a volume of 20,000 patient visits. What is the clinic's unit variable cost rate? $10.00 per visit $25.00 per visit $20.00 per visit $15.00 per visit ( The preferred measure of investment portfolio risk is the weighted average of the standard deviations of each of the portfolio's components. True False Which of the following statements about financial risk is false? Risk requires the possibility of more than one return The higher the standard deviation of expected return, the higher the stand-alone risk for an investment Risk requires the possibility of at least one return less favorable than the expected return The higher the standard deviation of expected return, the lower the stand-alone risk for an investment You have estimated the value of a planned project by finding the net present value (NPV) of all the cash flows from that project. Which of the following would cause the project to look more appealing (have a larger NPV)? A higher risk project A smaller discount rate A larger discount rate A project where cash flows occur far into the future Which of the following statements is true concerning the internal rate of return (IRR) of a capital investment? Its value must be less than the discount rate to make the investment financially acceptable Its value must exceed the discount rate to make the investment financially acceptable It measures the dollar profitability of a project Its value changes when the discount rate changes Assume that Lexington Hospital has fixed costs of $10,000,000 and a variable cost (per inpatient day) rate of $200. What is the total cost forecast for a volume of 50,000 patient days? $17,500,000 $20,000,000 $12,500,000 $15,000,000