plz ans 21,22,25 all its short question

Question 21 Not yet answered Marked out of 1.00 Flag question A higher degree of financial leverage may be desirable for I. a stable firm, with positive growth, under favorable economic conditions II. an unstable firm operating in an uncertain environment III. a stable firm operating in an uncertain environment > III only I only II and III only I and II only The value of a bond and debenture is Question 22 Not yet answered Marked out of 1.00 Flag question Present value of redemption amount of the bond or debenture Present value of interest payments the bond or debenture get Present value of contractual payments the bond or debenture gets till maturity Present value of redemption amount of preference share Question 25 The valuation of a financial asset is based on determining: Not yet answered Marked out of 1.00 P Flag question the current yield on long term corporate bonds the present value of future cash flows the amount paid by company to attract preferred shareholders the capital budgeting process