Answer:
7.85%
Explanation:
Face value of bond =$2000
Price of current bond= face value× 106.5% = $2130
Term= 25 years×2= 50 period
Coupon rate= 7%×1/2= 3.5%
Coupon amount= coupon rate×face value = $2000×3.5/100
          =$70 for a period
YTM of bond= [coupon amount+ (maturity value-current price)/Term]/0.6×current price+0.4×maturity value]
 YTM of bond= 6.487% per annum
Total market value of bond= 8,400bonds× $2130= $17,892,000
Market value of common stock= 275,000shares × 62.50= $18012500
Weight of common stock= 0.490009385
Weight of preferred stock= 0.023259294
WACC= Wd* Kd + Wc*Kc + Wp*Kp
 = 0.486731321× 4.86525% + 
 0.490009385× 10.9624275+ 
 0.023259294× 4.7368421%
 =7.849%
 = 7.85%(rounded)
Thus, WACC is 7.85%
 
        
             
        
        
        
The modular design divides
the system into a set of functional units that can be used
independently or combined with other modules for increased business
flexibility. <span>The system's components may be separated and recombined with the help of this design. The goal is better results (profit) and efficiency.</span>
        
             
        
        
        
Answer: Market the product in it's name.
Explanation:
A franchise is an arrangement to run a business under an existing business name to leverage on the name success for a high performance in return for a fee payable to the existing business name used for ones operations.