1. The efficient frontier of risky assets consists of portfolios that:
offer the highest level of return for a given level of risk
have zero standard deviations
have the lowest standard deviations
offer the highest level of standard deviation for a given level of risk
2. Holding all other variables constant, a increase in EAT can be caused by a decrease in:
a. a, b, and c are correct
b. The tax rate
c. Both a and c
d. Depreciation expense
e. The cost ratio