Answer:
At the end of these four years, the federal government's public debt would have increased by $20 billion
Explanation:
Year 1:
Budget deficit=$40 billion
Year 2:
Budget deficit=$50 billion
Total budget deficit=$90 billion
Year 3:
Budget surplus=$20 billion
Year 4:
Budget surplus=$50 billion
Total budget surplus=$70 billion
Budget surplus - Budget deficit= $90 billion - $70 billion
=$20 billion
At the end of these four years, the federal government's public debt would have increased by $20 billion
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Answer:
task-focused; employee-focused
Explanation:
Answer:
outstanding, $1,000 par value, 30 years to maturity, selling for 108 percent of par; the bonds make semiannual payments. Common stock: 440,000 shares outstanding, selling for $62 per share; the beta is 1.05. Market: 11 percent market risk premium and 5.2 percent risk-free rate. What is the company's WACC
