Recently, a senior software engineer complained that his boss was always in the "command and control" mode: "he doesn't trust us to make the right decision! " the boss rarely took the advice of his employees. there were occasions when productivity was hampered because he chose to do things only his way. referring to leadership styles, this would best be described as: a. free reign. b. democratic. c. alternative. d.autocratic

Western electric has 32,000 shares of common stock outstanding at a price per share of $79 and a rate of return of 13.00 percent. the firm has 7,300 shares of 7.80 percent preferred stock outstanding at a price of $95.00 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $404,000 and currently sells for 111 percent of face. the yield to maturity on the debt is 8.08 percent. what is the firm's weighted average cost of capital if the tax rate is 39 percent?