Answer:
6.95
Explanation:
Coupon rate = $69.50/$1,000 = .0695, or 6.95 percent
Break even idk tbh bruh it’s said wrong answer
The answer is B, Monopolies limit competition, which unbalance forces that rregulate the market system
Answer:
7.65%
Explanation:
required return = (percent of stock x required return on stock) + (after tax cost of debt x percent of debt) - adjustment factor
Percent of debt = 100 - 73 = 27%
(12.1 x 0.73) + (3.79 x 0.27) - 2.2 = 7.65%