According to the text, the typical difference between "quality circles" and "continuous improvement teams" is: quality circles work on product design only. continuous improvement teams work on product and process design. continuous improvement teams use only engineers while quality circles use just the workers doing the work. the amount of employee empowerment . there is no difference? they are just the same

The stock is currently selling for $17.75 per share, and its noncallable $3,319.97 par value, 20-year, 1.70% bonds with semiannual payments are selling for $881.00. the beta is 1.29, the yield on a 6-month treasury bill is 3.50%, and the yield on a 20-year treasury bond is 5.50%. the required return on the stock market is 11.50%, but the market has had an average annual return of 14.50% during the past 5 years. the firm's tax rate is 40%.refer to exhibit 10.1. what is the best estimate of the after-tax cost of debt? a. 6.07%