Deep hollow markets has a target capital structure of 30 percent debt, 10 percent preferred stock, and 60 percent common stock. the flotation costs are 10.5 percent for common stock, 8.2 percent for preferred stock, and 5.8 percent for debt. the corporate tax rate is 35 percent. what is the weighted average flotation cost?

a. 7.97 percent
b. 9.48 percent
c. 9.62 percent
d. 8.86 percent
e. 7.11 percent

What are six resources for you decide which type of business to start and how to start it?

Select the correct answer. which is a benefit of planning for your future career? a.being less prepared after high school. b.having higher tuition in college. c.earning college credits in high school. d.ruining your chances of having a successful career.

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?