St. Louis, New York, and Los Angeles are all considered major hubs in the entertainment industry

Which of these statements apply to business risk?

a. A change in the level of business risk can affect stockholders' required rate of return. b. Business risk is the risk of a project arising from the line of business the project is in. c. Business risk is related to a firm's mix of new and existing product lines. d. All of the above

Federal agency bonds are all of the following except

A) issued by government agencies or government-sponsored entities. B) have a very low degree of default risk. C) issued by Ginnie Mae, Freddie Mac, and Fannie Mae. D) exempt from all taxation.