Question: D Question 45 1 pts An action on the part of a firm that increases the level of expected cash flows without a corresponding

D Question 45 1 pts An action on the part of a firm that increases the level of expected cash flows without a corresponding increase in risk should reduce share value; an action that reduces the level of expected cash flows without a corresponding decline in risk should increase share value. O True O False

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=+a) If the company did no advertising at all, then income would be $150 million.

=+c) For a unit increase in tasting score, the price of a bottle of wine increases about $1.22.

=+d) After allowing for the age of a bottle of wine, a wine with a one unit higher tasting score can be expected to cost about $1.22 more.