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Garmo Co. has an operating leverage of 5. Next year's sales are expected to increase by 10%. The company's operating income will increase by 50%.
Yield To Maturity
The total return anticipated on a bond if held until its maturity date.
Intrinsic Value
The actual value of a company, stock, currency, or product determined through fundamental analysis without reference to its market value.
Annual
Pertaining to something that happens every year or is calculated over a year's time.
Coupon Rate
An annual interest percentage paid by a bond, based on its face value.
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