1. At an output level of 17,000 units, you have calculated that the degree of operating leverage is 2.00. The operating cash flow is $33,800 in this case. Ignore the effect of taxes. What will be the new degree of operating leverage for output levels of 18,000 units and 16,000 units? (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16.) 18,000 units 16,000 units Degree of operating leverage
2. What is the duration of a perpetual bond that pays $7000 per period if the appropriate yield-to-maturity is 6% per period?
a) infinity
b) 14.1004 period
c) 15.2857 periods
d) 17.6667 periods