Flow Co. Inc. has $500 million of bonds at face value outstanding. The bonds have a coupon rate of 6.0% and a yield to maturity of 7.0%. They are currently traded in the market at 90% of face value. The company is publicly traded and has 20 million shares of common stock outstanding that sell for $67.50 per share. The stock's beta is 1.35, and the current 20 year treasury yield is 2.0%. The expected market risk premium is 7.0% and the relevant corporate tax rate is 25%. 1) What is the cost of debt that should be used in the calculation of the weighted cost of capital

The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u.s. banks that cannot borrow elsewhere governments in developing countries during currency crises u.s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u.s. economy (the money supply), the federal reserve will government bonds.

Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units