Specialization in trade – based on ricardo’s theory: given that two nations have equal resources and both nations agree to specialize in the production of a product that is most efficient, determine: a) specialization between the two nations (which nation specializes in which product? ) b) the range of terms of trade (trade negotiation terms) c) the best of terms of trade (democratic distribution of trade benefit) d) the net benefit for each country (after specialization) e) discuss the limitations of production and export based on such assumption in the current global economy use the following data to answer the above questions

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %

Anew 2-lane road is needed in a part of town that is growing. at some point the road will need 4 lanes to handle the anticipated traffic. if the city's optimistic estimate of growth is used, the expansion will be needed in 4 years and has a probability of happening of 40%. for the most likely and pessimistic estimates, the expansion will be needed in 8 and 15 years respectively. the probability of the pessimistic estimate happening is 20%. the expansion will cost $ 4.2 million and the interest rate is 8%. what is the expected pw the expansion will cost?

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?