allcity, inc., is financed 35 % with debt, 6 % with preferred stock, and 59 % with common stock. its cost of debt is 6.1 %, its preferred stock pays an annual dividend of $ 2.49 and is priced at $ 28. it has an equity beta of 1.12. assume the risk-free rate is 2.2 %, the market risk premium is 6.8 % and allcity's tax rate is 35 %. what is its after-tax wacc?

Navel county choppers, inc., is experiencing rapid growth. the company expects dividends to grow at 19 percent per year for the next 8 years before leveling off at 5 percent into perpetuity. the required return on the company’s stock is 10 percent. if the dividend per share just paid was $1.52, what is the stock price?

Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.

Environmentalists are concerned about emissions of sulfur dioxide into the air. the average number of days per year in which sulfur dioxide levels exceed 150 milligrams per cubic meter in milan, italy, is 29. the number of days per year in which emission limits are exceeded is normally distributed with a standard deviation of 4.0 days. what percentage of the years would exceed 37 days?