Can voluntary programs be effective in controlling, Financial Management

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Can voluntary programs be effective in controlling

1. If there is a positive use of financial leverage, does this mean there is no risk? Yes or No. WHy?

2. Can voluntary programs be effective in controlling unethical or illegal activities in business? Does regulation work better?

3. What is the yield to maturity of a 9.4% semiannual coupon bond with a face value of? $1,000 selling for $865.21 that matures in 10 ?years?

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