1. Explain the risk–return trade-off and give two examples. 2. What are the prin
1. Explain the risk–return trade-off and give two examples. 2. What are the prin
1. Explain the risk–return trade-off and give two examples. 2. What are the principal considerations in determining an overall credit policy? How do the actions of competitors affect a company's credit policy? 3. Discuss the concept of leverage. Use a numerical example to illustrate the effect of leverage.

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