What is the ten-day simple moving average if the latest daily closing prices are $5, $7, $8, $5, $4, $6, $7, $8, $9, $10?

All of the following are disadvantages of using insurance in a corporate risk management program EXCEPT:

(a) premium payments are not tax deductible (b) insurance coverage may be expensive (c) it may be time consuming to negotiate the coverages and terms (d) the presence of insurance may lead to reduced incentives to engage in loss control

Why would the return on investing in the common stock directly be higher than investing in the convertible bond?

What will be an ideal response?