An all-equity firm has a beta of 1.2 and pays a 30% corporate tax rate. It has decided to change its capital structure by issuing $1 of debt for every dollar of equity. What is the company's new beta after it levers up

Which of the following best explains the purpose of protectionist trade policies such as tariffs and subsidies? a. they make sure that governments have enough money to pay for fiscal policies. b. they give foreign competitors access to new markets around the world. c. they allow producers to sell their products more cheaply than foreign competitors. d. they enable producers to purchase productive resources from everywhere in the world.