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Business, 06.07.2019 22:10 jakiyahporter0817
Suppose you have one hour to catch a flight to miami for spring break, and it takes 45 minutes to drive to the airport. your car is almost out of gas and the price of gas at the closest gas station is higher than at other gas stations that are much farther away. to you, the price elasticity of demand for gas is likely to be than it would be if you had several hours before the flight.
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Business, 22.06.2019 19:50, lucky1940
The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.
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