Question

Given the following information, calculate the point in total funding where the firm will exhaust available retained earnings. bond yield: 7% tax rate: .38 available retained earnings: $4,500,000 cost of new common stock: 13.9% cost of retained earnings: 11.4% capital structure: 45% debt 7% preferred equity 48% common equity

Answer 1

Search up A gardener can increase the number of dahlia plants in an annual garden by either buying new bulbs each year or dividing the existing bulbs to create new plants . The table below shows the expected number of bulbs for each method

Part A
For each method,a function to model the expected number of plants for each year

Part B
Use the Functions to Find the expected number of plants in 10 years for each method.

Part C