Cooperton Mining just announced it will cut its dividend from $3.98 to $2.47 per share and use the extra funds to expand. Prior to the announcment, Cooperton dividends were expected to grow at a 3.2% rate, and its share was $48.15. With the planned expansion, Cooperton's dividends are expected to grow at a 4.7% rate. what share price would you expect after the announcement?(Assume that the new expansion does not change Coopertons risk.) Is the expansion a good investment? (Round to nearest cent)

Neveready flashlights inc. needs $317,000 to take a cash discount of 3/15, net 70. a banker will loan the money for 55 days at an interest cost of $13,200. a. what is the effective rate on the bank loan? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) b. how much would it cost (in percentage terms) if the firm did not take the cash discount but paid the bill in 70 days instead of 15 days? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) c. should the firm borrow the money to take the discount? no yes d. if the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $317,000? e-1. what would be the effective interest rate in part d if the interest charge for 55 days were $7,200?

Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?

Atrough in the business cycle occurs when