The Premium Clothing Co. manufactures a project that has a degree of operating leverage equal...
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The Premium Clothing Co. manufactures a project that has a degree of operating leverage equal to 1.4. How will the operating cash flows change if the quantity sold decreases by 6.3 percent? a. -8.82 percent b.-4.90 percent c. 2.22 percent d. 4.50 percent An investor is considering two bonds, a 5.5 percent municipal bond versus a 7.5 percent taxable bond. If the investor is in the 30 percent tax bracket, which bond should she chose? Why? Ignore state and local taxes
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