What is the average monthly return

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1. Which one of the following statements is true?

Bondholders are generally granted voting rights equal to those of common shareholders.

Unpaid common stock dividends can force a firm into liquidation.

Payments of both interest and dividends are tax-deductible as business expenses.

U.S. non-financial firms tend to use more debt than equity financing.

Debt increases the possibility of financial distress.

2. The past five monthly returns for PG Company are 4.35 percent, -.25 percent, 5.75 percent, 7.89 percent, and 5.44 percent. What is the average monthly return?

Reference no: EM131840229

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