What is the best way to select a project that has resource restrictions? Explain. Why must opportunity costs be included in cash flows, while sunk costs and interest expense must not? Compare and contrast the uses of break-even analysis and sensitivity analysis in evaluating project risk. What are the effects of coupon rate to the sensitivity of a bond price and to changes in interest rates? What is the relation between a corporate bond's expected return and the yield to maturity? In your answer, define default risk and explain how these rates incorporate default risk expect to receive? M1 Assignment UMBO - 4 M1 Assignment PLG - 3 M1 Assignment
CLO-3,4