T-Bill return is (select all that apply) Independent of the economy Risky in terms of reinvestment risk Completely risk-free Preferred Stock: (select all that apply) Receive a fixed dividend that must be paid before dividends are paid to common stockholders. Companies can omit preferred dividend payments without fear of pushing the firm into bankruptcy. Hybrid security. Receive a fixed dividend that must be paid after dividends are paid to common stockholders. Standard Deviation(oi): Select all that apply The larger oi is, the lower the probability that actual returns will be close to expected returns. measures total, or stand-alone, risk. Larger oi is associated with a wider probability distribution of returns. Larger oi is better portfolio What is Corporate Valuation Model? (select all that apply) Find the future value of the firm, by compounding the firm's future FCFs. The value of the entire firm equals the present value of the firm's free cash flows. The free cash flow method