Graphs of y = x+- 1 and of y = x - 1 are shown in the figure below.
The intersection of the two graphs is the solution for the two equations.
Answer:
There is no solution.
Explanation:
It is clear that the two lines are parallel and will never intersect.
Note that the equation for a straight line is of the form
y = mx + b
where
m = slope,
b = y-intercept.
y = x + 1 has slope of m=1.
y = x - 1 has slope of m=1.
The two slopes are equal.
Because parallel lines do not intercept, there is no solution.
train tickets costs: $130 (t)
Bus ticket cost: ? (b)



the bus ticket cost $26
Answer:
27
Step-by-step explanation:
Beta= 1.3
Debt to equity ratio= 0.4
Market rate of return= 11.6%
= 11.6/100
= 0.116
Tax rate= 32%
= 32/100
= 0.32
Risk free rate= 3.3%
= 3.3/100
= 0.033
Pretax cost of debt= 7.2%
= 7.2/100
= 0.072
The firm's WACC can be calacluated as follows
RS= 0.033+1.3(0.116-0.033)
= 0.033+1.3(0.083)
= 0.033+0.1079
= 0.1409
WACC= (1/1.4)(0.1409)+(2/1.4) (0.072)(1-0.32)
= (0.7142)(0.1409) + (1.4285)(0.072)(0.68)
= 0.1006+0.0699
= 0.1705(100)
= 17.05%
Hence the firm's WACC is 17.05%