Mountain retreat and resort is undergoing a major expansion. the expansion will be financed by issuing new 15-year, $1,000 par, 9% annual coupon bonds. the market price of the bonds is $1,070 each. the firm's flotation expense on the new bonds will be $50 per bond. the firm's marginal tax rate is 35%. what is the relevant cost of the new bonds for capital budgeting purposes? a) 5.14%b) 5.69%c) 8.45%d) 4.82%

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered

What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.