Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 8%, paid annually. the issue price will be $1,000. the tax rate is 35%. if the flotation cost is 2% of the issue proceeds, then what is the after-tax cost of debt? disregard the tax shield from the amortization of flotation costs. round your answer to two decimal places. % what if the flotation costs were 11% of the bond issue? round your answer to two decimal places. %

Reactive power generation has the following capital structure. its corporate tax rate is 40%. security market value required rate of return debt $ 30 million 4 % preferred stock 30 million 6 common stock 40 million 10 what is its wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Money from an allowance or job is known as .

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.