You are the ceo of a company who has been tasked with reaching a collective bargaining agreement with union representatives. numerous terms and conditions of employment will be negotiated, such as workplace safety, wages, working hours, health benefits, and pensions. you are aware of the duty that, once you begin negotiations with the union, you must negotiate in good faith and make a reasonable effort to come to an agreement. explain your legal duties and the business implications of your good faith bargaining obligations in the negotiation process.

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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 %

Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.