Clark Communications has a capital structure that consists of 70 percent common stock and 30 percent long-term debt. In order to calculate Clarks’s weighted average cost of capital, an analyst has accumulated the following information: · The company currently has 15-year bonds outstanding with annual coupon payments of 8 percent. The bonds have a face value of $1,000 and sell for $1,075. · The risk-free rate is 5 percent. · The market risk premium is 4 percent. · The beta on Clark's common stock is 1.1. · The company's retained earnings are sufficient so that they do not have to issue any new common stock to fund capital projects. · The company's tax rate is 38 percent. Given this information, what is Clark's WACC? A. 8.73% B. 8.07% C. 7.91% D. 7.40% E. 5.93%

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a.the contractor must submit a standard form 294, subcontracting report for individual contracts. b.the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c.the contractor may submit either an sf 294 or report its subcontracting through esrs. d.the contractor is not required to submit any subcontracting reports.