A firm has a market value of equity of $30,000. It borrows $7500 at 8%. If the unlevered cost of equity is 16%, what is the firm's cost of equity capital?
A) 9.0%
B) 18.0%
C) 21.6%
D) 25.2%
Answer: B
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National brands are also called
A. generic brands. B. private-label brands. C. exclusive brands. D. distributor's brands. E. manufacturer's brands.
A subject line may be typed with or without all caps
Indicate whether the statement is true or false
Couples thatpursuetheir individualcareers and actively support each other's career development are known as
A. dual-working couples. B. modern-day couples. C. corporate couples. D. dual-career couples.
What is the effect of the adjusting entry for Depreciation Expense?
A) It increases total liabilities and increases total expenses. B) It increases total assets and increases total expenses. C) It decreases total assets and increases total expenses. D) It decreases total liabilities and increases total expenses.