The Articles of Confederation were finally approved when
A. agreement was reached on who would be president.
B. states gave up their right to coin money.
C. all states claiming western lands surrendered them to the national government.
D. the states gave up their power to establish tariffs.
E. a two-house national legislature was added.
Answer: C
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Reference to special charts for symbol interpretation are necessary when fabricating pipe layouts that use ____ symbols.
A. company B. standard C. industry D. little-known
What do we mean by the “tyranny of geography”? What parts do politics and history play in this tyranny?
What will be an ideal response?
A drain pipe is to be laid between two points. One point is 8' 0" higher in elevation than the second point. The pipe is to slope at an angle of 16.0° with the horizontal. What is the required length of the drain pipe to the nearest inch?
Fill in the blank(s) with the appropriate word(s).
Common stock issued by Meggitt Sensing Systems paid stockholders an initial dividend of $0.93 per share on an average price of $18.80 last year. The company expects to grow the dividend rate at a maximum of 1.5% per year. The stock volatility is 1.19, and other stocks in the same industry are paying an average of 4.95% per year dividend. U.S. Treasury bills are returning 2.0%. Determine Meggitt’s cost of equity capital last year using (a) the dividend method, and (b) the CAPM. (c) To what amount could the initial year dividend have decreased before the CAPM estimate would have exceeded the dividend method estimate?
What will be an ideal response?