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NEW QUESTION: 1

A. Option E
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E. Option A
Answer: A,B

NEW QUESTION: 2
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A. eliminating any put features.
B. resetting the coupon rate more frequently.
C. reducing the size of the issue or downgrading the quality rating.
Answer: B

NEW QUESTION: 3
If a company has a higher percentage of employees with fixed compensation than variable compensation,
what happens as revenues increase?
A. Compensation costs eventually stabilize and become a consistent percent of revenue.
B. Compensation costs remain the same as a percent of revenue until variable compensation costs
exceed fixed compensation costs.
C. Compensation costs eventually decrease as a percent of revenue, increasing profit growth.
D. Compensation costs and revenue increase at approximately the same rate.
Answer: C


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