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Multiple Choice Investigation of what happens to NPV when only one variable is changed. The change in costs that occurs when there is a small change in output Taking into account the managenol options that are implicit in a project The degree to which a firm or project relies on fixed costs The determination of what happens to NPV estimates when we ask what-if questions Regarding risk and return, which of the following is true? Multiple Choice The reward for bearing risk is known as the standard deviation Based on historical data, there is no reward for bearing risk In general, the higher the risk the higher the expected return Risider assets will on average, earn lower returns An increase in the risk of an investment will result in a decreased risk premium. The term sensitivity analysis is best described as: Multiple Choice Investigation of what happens to NPV when only one variable is changed. O O The change in costs that occurs when there is a small change in output. Taking into account the managerial options that are implicit in a project. The degree to which a firm or project relies on fixed costs