no need to solve or explain just answer

1

The major advantages of long-term debt include all the following EXCEPT _______.

	a.	decreased financial risk
	b.	relatively low after-tax cost
	c.	firm owners' ability to maintain control over their firm
	d.	increased earnings per share through financial leverage

2

f the annual coupon rate is 18 percent on a $1000 face value bond with market price equal to $ 1040 . Find current yield

		19.85769231
		17.55769231
		15.80769231
		17.30769231

3

The effect of a one-dollar increase in depreciation expenses is to ____ the typical firm's net cash flows by ____ one dollar.

	a.	increase; less than
	b.	increase; more than
	c.	decrease; more than
	d.	increase; exactly