Question: answer the question below 4. Find and classify the stationary point: y=x2+x+1 5. The relationship between the Price/Book (PB) and Long-term Debt/Capital (LTD) is shown

answer the question below answer the question below 4. Find and classify the stationary point: y=x2+x+1

4. Find and classify the stationary point: y=x2+x+1 5. The relationship between the Price/Book (PB) and Long-term Debt/Capital (LTD) is shown below. PB=3.560.113(LTD)+0.002(LTD)2 What level of Long-term Debt/Capital will minimise the Price/Book ratio of firms

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