Explain the following:

1) Explain the differences between systematic and unsystematic risk.

2) Describe the potential impacts of the following types of financial risk (Interest rate risk, economic risk, credit risk, and operational risk) on the company featured in the case study located here: https://services.hbsp.harvard.edu/lti/links/content-launch

3) Explain the impact that a lower growth in sales could have on the dividend policy and retained earnings for the company described in the case study.

4) Explain the impact that a higher growth in sales could have on the dividend policy and retained earnings for the company described in the case study.