R. S. Green is a chain of furniture retail stores. Morris Industries is a furniture maker and a supplier to R. S. Green. R. S. Green has a beta of 1.38 as compared to Morris Industries' beta of 1.15. The risk-free rate of return is 3.3 percent and the market risk premium is 8 percent. Both firms are all equity financed. What discount rate should R. S. Green use if it considers a project that involves the manufacturing of furniture

Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer