An intoxicated guest asks for one last drink shortly after last fall, but the server already cashed out. should the server bring the guest another drink ?
a)no, because the server has already cashed out
b)no, the server and the establishment could be held liable if something happens to the guest
c) yes, alcohol laws do not apply after last call
d) yes, as long as the server opens a new tab

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 %