If the NOI, as a percent rate of return on assets, drops below the debt-service constant: Group of answer choices using financial leverage will reduce the current return on equity. using financing leverage will increase the current return on equity. the greater the financial leverage, the higher the current return on equity b and c above

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as