Hook industries' capital structure consists solely of debt and common equity. it can issue debt at rd = 11%, and its common stock currently pays a $2.00 dividend per share (d0 = $2.00). the stock's price is currently $29.50, its dividend is expected to grow at a constant rate of 9% per year, its tax rate is 40%, and its wacc is 13.80%. what percentage of the company's capital structure consists of debt? do not round intermediate calculations. round your answer to two decimal places.

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups. b. we cannot infer anything from these data since the distribution of salaries is likely right skewed. c. you cannot draw any valid conclusions because the sample sizes are different. d. more students should complete internships because having an internship produces a higher salary.