theory. According to T&M Stalic there is no optimal capital structure. According to present value of bankruptcy costs. According to According to debt and equity. Tor Story firm's trade off the relative benefits of the interest tax shield with the firm's should minimize their cost of equity. profitable firms with large Retained Earnings require less external

Q2) 4. What is sensitivity analysis?

it say 1.33 is incorrect

5 basic of pulic sector ethics

Problem 9-25 Fudge factors An oil company executive is considering investing $10.1 million in one or both of two wells: well 1 is expected to produce oil worth $3.01 million a year for 10 years; well 2 is expected to produce $2.01 million for 15 years. These are real (inflation-adjusted) cash flows. The beta for producing wells is 0.91. The market risk premium is 9%, the nominal risk-free interest rate is 7%, and expected inflation is 3%. The two wells are intended to develop a previously discovered oil field. Unfortunately there is still a 21% chance of a dry hole in each case. A dry hole means zero cash flows and a complete loss of the $10.1 million investment. Ignore taxes and make further assumptions as necessary. a. What is the correct real discount rate for cash flows from developed wells? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Real discount rate b. The oil company executive proposes to add 20 percentage points to the…

what is 2 plus eight ?

A. For what values of x is f(x) NOT y 00 6 4 2 X -3-2-10 1 2 3 4 5

Answer Question 4

I, J, K

Q4. What is the meaning of: b.  n/eom: