Suppose a firm expects it’s ebit to be 105,000 per year forever. assume the firm can borrow at 6.75% ad has a tax rate of 32%. if the firm has no debt and a cost of equity of 10.25%, what is the value of the firm? ($696,585) now suppose the firm borrows $120,000 and uses the proceeds to repurchase shares. now what is the value of the firm?

Craig complained to his friend jess that a class was too hard and he believed that the teacher was not being fair with his grading standards. jess replied, "craig, you really have an attitude problem." what is the relationship between the manner that the term attitude is used in common conversation and the how it is defined in consumer behavior? there is no relationship. common usage is not the same as attitudes as seen by the researchers who study consumer behavior. the term attitude is widely used in popular culture in much the same way it is used in studying consumer behavior. they are different in that popular culture does not recognize that attitudes are temporary. otherwise the usage is the same. they are similar except that popular culture assumes that attitudes are related to beliefs, and research scientists have shown that there is no such relationship.