How can an itinerary you as an administrative professional? a. it proves that you've done a thorough job of preparation. b. it tells you what jobs need to be done while the boss is gone. c. it allows you to locate the boss if something happens. d. it you control exactly where the boss goes.

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.