Jiminy's cricket farm issued a 30-year, 8 percent semi-annual bond 3 years ago. the bond currently sells for 82 percent of its face value. the book value of the debt issue is $15 million. the company's tax rate is 32 percent.

in addition, the company has a second debt issue on the market, a zero coupon bond with 3 years left to maturity; the book value of this issue is $77 million and the bonds sell for 79 percent of par.
(a) what is the company's total book value of debt? (do not round your intermediate calculations.)
(b) what is the company's total market value of debt? (do not round your intermediate calculations.)
(c) what is your best estimate of the aftertax cost of debt?

Your mother's well-diversified portfolio has an expected return of 12.0% and a beta of 1.20. she is in the process of buying 100 shares of safety corp. at $10 a share and adding it to her portfolio. safety has an expected return of 15.0% and a beta of 2.00. the total value of your current portfolio is $9,000. what will the expected return and beta on the portfolio be after the purchase of the safety stock?

Acompany that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. prior to buying the new equipment, the company used 6 workers, who produced an average of 79 carts per hour. workers receive $16 per hour, and machine coast was $49 per hour. with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by four carts per hour. a) compute the multifactor productivity (mfp) (labor plus equipment) under the prior to buying the new equipment. the mfp (carts/$) = (round to 4 decimal places). b) compute the productivity changes between the prior to and after buying the new equipment. the productivity growth = % (round to 2 decimal places)

Any point on a country's production possibilities frontier represents a combination of two goods that an economy: