The japan weather association tracked buying patterns on 20,000 items and correlated them to the outside temperature. when the temperature goes up, people buy more sunshades, air conditioners, watermelons, and swimwear. when there’s a chill in the air, sales of suits, sweaters, and heaters take off. this would be an example

The stock is currently selling for $17.75 per share, and its noncallable $3,319.97 par value, 20-year, 1.70% bonds with semiannual payments are selling for $881.00. the beta is 1.29, the yield on a 6-month treasury bill is 3.50%, and the yield on a 20-year treasury bond is 5.50%. the required return on the stock market is 11.50%, but the market has had an average annual return of 14.50% during the past 5 years. the firm's tax rate is 40%.refer to exhibit 10.1. what is the best estimate of the after-tax cost of debt? a. 6.07%