Central Systems desires a weighted average cost of capital of 12.7 percent. The firm has an aftertax cost of debt of 4.8 percent and a cost of equity of 15.4 percent. What debt-equity ratio is needed for the firm to achieve its targeted weighted average cost of capital? a. 0.37
b. 0.44
c. 0.42
d. 0.56
e. 0.34

Job applications give employers uniform information for all employees, making it easier to

Which career pathways require workers to train at special academies? a. emts and emergency dispatchers b. crossing guards and lifeguards c. police officers and firefighters d. lawyers and judges

Beachballs, inc., expects abnormally high earnings for the next three years due to the forecast of unusually hot summers. after the 3-year period, their growth will level off to its normal rate of 6%. dividends and earnings are expected to grow at 20% for years 1 and 2 and 15% in year 3. the last dividend paid was $1.00. if an investor requires a 10% return on beachballs, the price she is willing to pay for the stock is closest to: