When there is a separation of powers, .

A. Power is divided between the National Government and the States
B. The basic powers of government are held by a single agency
C. The people grant the States the authority to govern
D. Power is distributed among three independent branches of government

Employees who are paid to complete a task, such as build a house, are paid on a(n) basis

Grace period is a period of time before the credit card company starts charging late fees.truefalse

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %