Which of the following people would not be considered part of the labor force? Select the correct answer below: Lane is working in his first job after high school at a fast food restaurant. Peter lost his job in the recession and is unable to find a new job. Cheng is unemployed and collecting unemployment benefits while searching for jobs. Joan was laid off from her job but has decided not to look for another job right now as she wants to stay home with her kids for a while.

Miami incorporated estimates that its retained earnings break point (bpre) is $21 million, and its wacc is 13.40 percent if common equity comes from retained earnings. however, if the company issues new stock to raise new common equity, it estimates that its wacc will rise to 13.88 percent. the company is considering the following investment projects: project size irr a $4 million 14.00% b 5 million 15.10 c 4 million 16.20 d 6 million 14.20 e 1 million 13.42 f 6 million 13.75 what is the firm's optimal capital budget?