Use these option quotes to answer this question: ZZ Industries: Price 34.36 Calls: Strike Symbol Last Chg Bid Ask Vol Open Int 30.00 ZZBF 4.30 ↓.07 4.30 4.40 62 3,429 32.50 ZZBZ 1.87 ↓.07 1.82 1.87 236 8,168 35.00 ZZBG .01 ↓.05 .00 .01 3119 38,017 Puts: Strike Symbol Last Chg Bid Ask Vol Open Int 30.00 ZZNF .01 .00 .00 .01 0 7,258 32.50 ZZNZ .01 ↓.02 .00 .01 562 34,972 35.00 ZZNG .60 ↓.14 .63 .68 2637 19,686 You own 700 shares of ZZ Industries stock which you purchased for $38.40 a share. You would like to have the right to sell your shares for $35.00 a share. What will be the cost to obtain this right?

There is a cost associated with each source of financing. discuss the cost of debt, preferred stock, common stock, and retained earnings in detail. which source of financing is typically less expensive? why? why do financial managers try to determine the optimal capital mix? be specific.

Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.

Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x, y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.