Answer:
b. The unlevered beta will remain the same and the levered beta will decline.
Explanation:
Unlevered beta excludes the effect of debt on the investment. It represents only the risk associated with equity of the company. Change in the debt to equity ratio will not effect the unlevered beta. Unlevered beta will remain same.
Unlevered beta includes the effect of debt on the investment. It represents the risk associated with equity and debt of the company. Change in the debt to equity ratio will change the unlevered beta. Unlevered beta will decline with the reduction in debt to equity ratio as risk associated with debt decreases.
Answer:
NPV = - $ 2
Explanation:
given data
costs = $200 million
present value successful = $270 million
unsuccessful = $120 million
probability of success = 52%
to find out
expected NPV
solution
we know cost is = $200
and Cash flows if Successful = $270 and Probability = 52%
so
Cash flows if unsuccessful = $120 and Probability will be= 100% - 52% = 48 %
so
expected Present value of the venture will be
expected Present value of the venture = $270 × 52% + $120 × 48 %
expected Present value of the venture = $198
so NPV = $198 - $200
NPV = - $ 2
The deeds and action of a producer indicates apparent authority
Apparent authority is a legal concept in which a principal is liable for the acts of the agent in case the principal gives an impression to a third party that the agent acts or speaks for the principal. The agent acts on behalf of the principal, even though not expressly or implicitly granted.
Answer:
I believe it is business and finance.
Explanation:
Well, using logic, we can denote away communication and insurance, as clerks and receptionists to not deal with insurance. Nor do they deal with administrative or information. They could potentially deal with publicity and management, but they morely manage business-related topics. Sorry if I'm wrong, I'm only in 8th grade.