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(TCO 7) Which one of the following statements concerning financial leverage is correct? (Points : 4) Financial leverage increases profits and decreases losses. Financial leverage

(TCO 7) Which one of the following statements concerning financial leverage is correct? (Points : 4) Financial leverage increases profits and decreases losses. Financial leverage has no effect on a firm's return on equity. Financial leverage, refers to the use of common stock. Financial leverage magnifies both profits and losses. Increasing financial leverage will always increase the earnings per share. (TCO 3) A 10-year bond pays 11 percent interest on a $1000 face value annually. If it currently sells for $1,195, what is its approximate yield to maturity? (Points : 4) 9.33% 7.94% 12.66% 8.10% Please show how answers were calculated

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