Assuming all other factors remain unchanged, __________ would increase a firm's price/earnings ratio.

		an increase in the dividend payout ratio
		a reduction in investor risk aversion
		an increase in the expected level of inflation
		an increase in the yield on US Treasury Bills

You would typically find all but which one of the following in a bond contract?

		A dividend restriction clause
		A sinking fund clause
		A requirement to subordinate any new debt issued
		A price/earnings [P/E] ratio