Corey desperately needs to get to the airport and decides to take his neighbor Tanner's help. Given that Corey promises to pay Tanner $25 towards gas money, Tanner agrees to help and drives Corey to the airport. Is there consideration to support the contract between Gorey and Tanner? If so, identify it for both parties. If not, explain why not. What if Corey promises to pay Tanner $25 towards gas money upon arrival at the airport. (Please give detailed answer.)

The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.