Asimple index of three stocks have opening values on day 1 and day 8 as shown in the table below. day 1 shares. price per share. 4000. $3.15 5000. $4.30 6000. $4.60 day 8 shares. price per share 4000. $3.50 5000. $3.90 6000. $4.50 stock abc - 4000 stock xyz - 5000 stock qrs - 6000 what is the rate of change of this simple index over one week? round your answer to the nearest tenth. a. 2.0% b. -1.2% c. 1.2% d. -2.0%

Examine the following book-value balance sheet for university products inc. the preferred stock currently sells for $30 per share and pays a dividend of $3 a share. the common stock sells for $16 per share and has a beta of 0.9. there are 2 million common shares outstanding. the market risk premium is 9%, the risk-free rate is 5%, and the firm’s tax rate is 40%. book-value balance sheet (figures in $ millions) assets liabilities and net worth cash and short-term securities $ 2.0 bonds, coupon = 6%, paid annually (maturity = 10 years, current yield to maturity = 8%) $ 5.0 accounts receivable 3.0 preferred stock (par value $15 per share) 3.0 inventories 7.0 common stock (par value $0.20) 0.4 plant and equipment 21.0 additional paid-in stockholders’ equity 13.6 retained earnings 11.0 total $ 33.0 total $ 33.0 a. what is the market debt-to-value ratio of the firm? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. what is university’s wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)