Which statements about junk bonds are correct? Choose three correct answers. Junk bonds are considered a high-risk investment. Junk bonds have a bond rating of BB or lower. Junk bonds have a bond rating of BB or higher. Issuers of junk bonds are not likely to fail to pay interest. In the event of bankruptcy, junk bond owners will be paid before stockholders.

Mauro products distributes a single product, a woven basket whose selling price is $15 and whose variable expense is $12 per unit. the company’s monthly fixed expense is $4,200. required: 1. solve for the company’s break-even point in unit sales using the equation method. 2. solve for the company’s break-even point in dollar sales using the equation method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.) 3. solve for the company’s break-even point in unit sales using the formula method. 4. solve for the company’s break-even point in dollar sales using the formula method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.)