Jacque Ewing Drilling, Inc. has a beta of 1.3. If the risk-free rate of return is 8 percent and the expected return on the market is 12 percent, what is the firm's after-tax cost of equity capital if the firm's marginal tax rate is 0 percent

The firm after tax cost of equity would be 13.2%

Explanation:

The computation of the firm after tax cost of equity capital is shown below

As we know that

Required rate of return = Risk free rate of return + Beta × (market rate of return - risk free rate of return)

= 8% + 1.3 × (12% - 8%)

= 8% + 1.3 × 4%

= 8% + 5.2%

= 13.2%

Since the marginal tax rate is 0%

So, the firm after tax cost of equity would be 13.2%

answer: marginal utility of the fourth brownie is 0.

explanation: marginal utility is the addtional utility gained from the consumption of one more unit of a good. it is given by,

so, marginal utility at the 4th unit will be given by

since, the values are not given here, you can simply find marginal utility at fourth unit by subtracting total utility at 3rd unit from total utility at 4th unit.

after cutting wages and benefits in order to increase profit .

apex~