Ashare of stock with a beta of 0.84 now sells for $69. investors expect the stock to pay a year-end dividend of $4. the t-bill rate is 3%, and the market risk premium is 7%.a. suppose investors believe the stock will sell for $71 at year-end. calculate the opportunity cost of capital. is the stock a good or bad buy? what will investors do? (do not round intermediate calculations. round your opportunity cost of capital calculation as a whole percentage rounded to 2 decimal places.)opportunity cost of capital %? b. at what price will the stock reach an "equilibrium" at which it is perceived as fairly priced today? (do not round intermediate calculations. round your answer to 2 decimal places.)stock

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices

Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase

Richardson hired j.c. flood company, a plumbing contractor, to correct a stoppage in the sewer line of her house. the plumbing company's 'snake' device, used to clear the line leading to the main sewer, became caught in the underground line. to release it, the company excavated a portion of the sewer line in richardson's backyard. in the process, the company discovered numerous leaks in a rusty, defective water pipe that ran parallel with the sewer line. to meet public regulations, the water pipe, of a type no longer approved for such service, had to be replaced either then or later, when the yard would have to be excavated again. the plumbing company proceeded to repair the water pipe. though richardson inspected the company's work daily and did not express any objection to the extra work involved in replacing the water pipe, she refused to pay any part of the total bill after the company completed the entire operation. j.c. flood company then sued richardson for the costs of labor and material it had furnished. (c) for what, if anything, should richardson be liable? explain."