Debbie's Cookies has a return on assets of 12.6 percent and a cost of equity of 14.8 percent. What is the pretax cost of debt if the debt-equity ratio is .38? a. 5.87 percent
b. 6.81 percent
c. 7.31 percent
d. 95.29 percent
e. 904 percent

Overspeculation and a decrease in consumer confidence are both leading factors of: ?

Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form

What is the present value of the following cash flow stream at a rate of 12.0%? years: 0 1 2 3 4| | | | |cfs: $0 $1,500 $3,000 $4,500 $6,000a. $9,699b. $10,210c. $10,747d. $11,284e. $11,849