Jupiter Industry finances its projects with 25% debt, 10% preferred stock and 65% common stock.The company can issue bonds at a YTM of 10.4%The cost of preferred stock is 9%.The company's common stock currently sells for $30.30 per share.The current dividend just paid is $3.00 (D0) and is expected to grow at 7%per year indefinitely.Calculate the cost of equity using the dividend growth modelBeta of stock is 1.25; Risk-free rate is 3% and market rate of return is 11% calculate the cost of equity using CAPM.The company's tax rate is 24%.What is the company's WACC using the cost common equity, cost of debt and cost of preferred stock calculated from the above narrative ?(Note: For cost of common equity use the average rate from the two methods)

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Answer 1

Using the dividend growth model, the cost of common equity is:

Cost of common equity = (D1 / P0) + g

D1 = D0 x (1 + g) = 3 x (1 + 0.07) = $3.21

P0 = $30.30

g = 7%

Cost of common equity = (3.21 / 30.30) + 0.07 = 0.174 or 17.4%

Using CAPM, the cost of common equity is:

Cost of common equity = Rf + beta x (Rm - Rf)

Rf = 3%

Beta = 1.25

Rm = 11%

Cost of common equity = 3% + 1.25 x (11% - 3%) = 12.5%

The average rate of the two methods is (17.4% + 12.5%) / 2 = 14.95%, which is the cost of common equity.

The cost of debt is 10.4%, and the cost of preferred stock is 9%.

WACC = wd x kd x (1 - T) + wp x kp + wc x kc

wd = 0.25, kd = 10.4%

wp = 0.1, kp = 9%

wc = 0.65, kc = 14.95%

T = 0.24 (tax rate)

WACC = 0.25 x 0.104 x (1 - 0.24) + 0.1 x 0.09 + 0.65 x 0.1495 = 0.1209 or 12.09%

Therefore, Jupiter Industry's WACC is 12.09%.

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Related Questions

1-Pick a company that is publicly traded Here are the parameters:
Listed on the New York Stock Exchange or on the NASDAQ. Conveniently, NASDAQ provides a list.
An American Company and not a foreign company trading as ADRs.
Has not had an IPO or merger in the last three years, so it has at least three continuous years of data and reports.
Decent financial shape and not rumored to be failing or the subject of an acquisition, merger, or takeover.
2-
In the post the company's stock market, trading symbol, and correct legal name per their financial reports.
In the body of your post, explain why you are interested in this company.
3-
Explain how you know their nationality, how you know they are not newly listed, and tell us some metric of how big they are (financial, operational, locational, etc.).
Cite your sources on these items.
Make a proper link to the company's investor website where their financial reports are located.

Answers

I am interested in Amazon because of its remarkable growth and leadership in the technology industry, its innovative culture, and its customer obsession. I believe that Amazon will continue to shape the future of e-commerce and technology, and I am excited to see what the company will achieve in the years to come.

The company I am interested in is Amazon.com, Inc. (NASDAQ: AMZN), a multinational technology giant that specializes in e-commerce, cloud computing, digital streaming, and artificial intelligence. I am interested in Amazon because it is one of the most innovative and customer-centric companies in the world, known for disrupting traditional industries and continuously expanding its offerings.

Amazon is an American company based in Seattle, Washington, and was founded by Jeff Bezos in 1994. I know that Amazon is not newly listed because it has been listed on the NASDAQ since 1997, and has a continuous history of financial reports for the past three years. According to Forbes, Amazon is currently the second-largest company in the world, with a market capitalization of over $1.6 trillion as of April 2023.

I accessed Amazon's investor relations website to verify their financial reports and metrics. Amazon's investor website can be found at https://ir.aboutamazon.com/. Here, investors can find the company's SEC filings, annual reports, and other financial information.

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on february 1, a customer's account balance of $3,400 was deemed to be uncollectible. what entry should be recorded on february 1 to record the write-off assuming the company uses the allowance method?

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Answer: To record the write-off of a customer's account balance of $3,400 on February 1 using the allowance method,  following journal entry should be made:

1. Debit "Allowance for Doubtful Accounts" for $3,400.
2. Credit "Accounts Receivable" for $3,400.

This entry reduces both the Allowance for Doubtful Accounts and Accounts Receivable by the uncollectible amount, maintaining the accuracy of your financial records.

What is Allowance for Doubtful Accounts? These accounts are contra accounts( i.e., where entry is recorded when debit and credit affect the same parent account, resulting in net zero effect on account), that nets against the total receivable presented on balance sheet to reflect only the amount that is expected to be paid. It estimates the percentage of accounts receivable that are expected to be uncollectible. Although, the actual payment behavior of customers may differ from the estimate.

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if the tax rate is 21%, what is the cost of preferred stock that sells for $10 per share and pays a $1.20 dividend.

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The cost of preferred stock that sells for $10 per share and pays a $1.20 dividend with a tax rate of 21% is approximately 8.33%.

To calculate the cost of preferred stock that sells for $10 per share and pays a $1.20 dividend with a tax rate of 21%, you can follow these steps:

Step 1: Calculate the dividend yield.
Dividend Yield = (Dividend per share / Preferred Stock Price) * 100

Step 2: Determine the after-tax dividend yield.
After-Tax Dividend Yield = Dividend Yield * (1 - Tax Rate)

Now, let's use the provided information to calculate the cost of preferred stock:

Step 1: Calculate the dividend yield.
Dividend Yield = ($1.20 / $10) * 100
Dividend Yield = 0.12 * 100
Dividend Yield = 12.00%

Step 2: Determine the after-tax dividend yield.
After-Tax Dividend Yield = 12.00% * (1 - 0.21)
After-Tax Dividend Yield = 12.00% * (0.79)
After-Tax Dividend Yield = 9.48%

From the given multiple-choice options, the closest answer to 9.48% is 8.33%. Therefore, the cost of preferred stock that sells for $10 per share and pays a $1.20 dividend with a tax rate of 21% is approximately 8.33%.

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Complete Question:

If the tax rate is 21%, what is the cost of preferred stock that sells for $10 per share and pays a $1.20 dividend?

Multiple Choice

4.20%8.33%7.80%12.00%

A bond has a coupon rate of 7.0%. The bond expires in 10 years.
The yield on the bond is 7.5%. The company's tax rate is 35.0%.
Calculate the company's current cost of debt (the cost of the
bond).

Answers

The company's current cost of debt, which is the cost of the bond, is 4.875%. This means that the company has to pay 4.875% of the bond's face value annually as an after-tax interest expense to maintain its debt financing.

To calculate the company's current cost of debt using the given terms, follow these steps:
1. A bond has a coupon rate of 7.0%, which means the bond pays 7% of its face value annually as interest.
2. The bond expires in 10 years, so it has a maturity of 10 years.


3. The yield on the bond is 7.5%, which is the rate of return that investors require for holding this bond.
4. The company's tax rate is 35.0%, which affects the after-tax cost of debt.
5. To calculate the company's current cost of debt (the cost of the bond), you first need to determine the after-tax yield on the bond. You can do this by multiplying the bond's yield by (1 - tax rate). In this case, 7.5% x (1 - 0.35) = 7.5% x 0.65 = 4.875%.


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So far as major advertising decisions, incorporating a celebrity into an ad falls into the category of?a. choosing media types b. setting objectives с. message execution d. choosing media vehicles e message strategy

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c. So far as major advertising decisions, incorporating a celebrity into an ad falls into the category of message execution.

Message execution is the process of creating an advertising message that effectively communicates the intended message to the target audience. The use of celebrities in advertising is a common technique for message execution, where a celebrity is used to endorse or promote a product or service. The primary purpose of using a celebrity is to enhance the message execution by increasing the attention and interest of the audience. By associating a celebrity with a product, the advertiser is trying to transfer the positive attributes of the celebrity to the product, which can increase the likelihood of the audience buying the product. The use of celebrities is particularly effective when the celebrity is well-known, respected, and relevant to the target audience. Incorporating a celebrity into an ad is, therefore, an important decision in message execution.

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true or false: flexible manufacturing uses computers to direct machinery to adapt to different versions of similar operations.

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The given statement "flexible manufacturing uses computers to direct machinery to adapt to different versions of similar operations" is true because flexible manufacturing systems use computer control to direct machinery to adapt to different versions of similar operations.

Flexible manufacturing uses computers and automation to enable machinery to adapt and produce a variety of products and components, even in small quantities, without having to reconfigure the production line or invest in new equipment. This approach allows for efficient and cost-effective production of customized products, which is particularly important in industries such as aerospace, automotive, and electronics.

The use of computer-aided design (CAD) and computer-aided manufacturing (CAM) technologies facilitates the quick and precise programming of the machinery to perform specific tasks and changeover operations. Overall, flexible manufacturing helps companies increase productivity, improve quality, and respond more effectively to changing customer demands.

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1. Evaluate this statement: For the owner of a 20-year 5% BBB-rated bond, an increase in yield to-maturity just shortly after the bond is purchased will have a much larger reinvestment risk than price risk and thus there will be e minimal decline in price of the bond. State true, false, or uncertain and explain your answer.

Answers

True, When a bond is purchased, the bondholder receives fixed interest payments at a specified rate until maturity.

If interest rates increase shortly after the purchase, the bondholder will be faced with the reinvestment risk of having to reinvest the interest payments at the higher rates, which may not be as favorable as the original rate. This increases the reinvestment risk for the bondholder.

On the other hand, price risk refers to the risk of a decline in the market value of the bond due to changes in interest rates. Since the bond in question is BBB-rated, which is a lower rating, it may be more susceptible to changes in interest rates and therefore more likely to experience price risk.

However, the impact of price risk on the bond price will be minimal compared to the impact of reinvestment risk on the bondholder's cash flows.

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so long as the coefficient of correlation between two stocks is less than 1, some reduction in risk can be obtained by combining the securities, true or false?

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True, as long as the coefficient of correlation between two stocks is less than 1, some reduction in risk can be obtained by combining the securities.

The coefficient of correlation measures the degree to which two variables, in this case, the returns of two stocks, move together. It ranges from -1 to 1. A coefficient of 1 indicates a perfect positive correlation, meaning that the returns of both stocks move in the same direction all the time.

Conversely, a coefficient of -1 indicates a perfect negative correlation, meaning the returns move in opposite directions. A coefficient of 0 suggests no correlation between the returns of the stocks.

By diversifying a portfolio and combining two stocks with a coefficient of correlation less than 1, an investor can reduce their risk exposure. The reason for this is that when one stock performs poorly, the other stock might perform well, or at least not as poorly, thereby offsetting the overall negative effect.

This diversification helps to lower the overall risk in the portfolio as the fluctuations in the returns of the individual stocks will be partially offset by each other, thereby providing a smoother return profile for the investor.

In summary, combining two stocks with a coefficient of correlation less than 1 allows for a reduction in risk due to the diversification benefits, which help to smooth out the overall return profile of the combined securities.

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what term refers to the timed releases of films to different outlets such as domestic theaters, pay channels, and video rental?

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The term that refers to the timed releases of films to different outlets such as domestic theaters, pay channels, and video rental is commonly known as "film distribution."

Film distribution is the process of making a movie available to the public through various channels, including theaters, digital streaming, DVD/Blu-ray rentals, & pay-per-view services.

Distributors work with movie studios and filmmakers to ensure that a film is released & marketed effectively, reaching the widest possible audience.

After the theatrical release, the movie may be released on home video formats, such as DVD or Blu-ray. This is often referred to as the "home entertainment" phase of distribution.

During this phase, the movie may also become available on digital platforms, such as streaming services or pay-per-view channels.

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Discuss the methods that can be used to easily build a
retirement fund.

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There are several methods that can be used to easily build a retirement fund, such as starting early and contributing regularly to a retirement account, taking advantage of employer matching contributions, and investing in a diverse range of assets.

Other strategies include reducing expenses and increasing income to save more money, considering the benefits of a Roth IRA or traditional IRA, and seeking the advice of a financial planner to create a personalized retirement plan.

By consistently following these methods, individuals can build a strong retirement fund that can provide financial security during their golden years.

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Gonzales is a closely held corporation considering a major expansion. The proposed expansion would require the firm to raise $10 million in additional capital. Because Gonzales currently has 50 percent debt and because the family members already have all their funds tied up in the business, the owners cannot supply any additional equity, so the company will have to sell stock to the public. The family wants to ensure that it will retain control of the company. This offering would be Gonzales’s first stock sale, and the owners are not sure exactly what would be involved. For this reason, they have asked you to research the process and to help them decide how to raise the needed capital. In doing so, you should answer the following questions: Is the stock of Gonzales Food Stores currently publicly held or privately owned? Would this situation change if the company undertook a stock sale? What are the disadvantages and advantages of going public?`

Answers

The stock of Gonzales Food Stores is currently privately owned since it is a closely held corporation, meaning it has a limited number of shareholders, primarily consisting of family members. This would involve issuing shares to the general public through an initial public offering (IPO).



Advantages of going public include:
1. Access to a larger pool of capital to fund the expansion
2. Increased visibility and credibility in the market
3. Easier access to future financing through the issuance of additional shares or debt securities
4. Increased liquidity for shareholders, allowing them to sell their shares more easily

Disadvantages of going public include:
1. Loss of control for the family members as outside investors purchase shares
2. Increased regulatory requirements and scrutiny, leading to higher administrative and compliance costs
3. Pressure from shareholders to maintain consistent financial performance
4. Potential dilution of ownership for existing shareholders

To ensure that the family retains control of the company, they may consider issuing different classes of shares, with the family retaining shares with greater voting rights. This will allow them to maintain control while still raising the necessary capital through the stock sale.

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the ability of the marketer to identify customers before they make a purchase is the definition of which characteristic of digital marketing?

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By identifying and targeting potential customers with personalized messages and offers, marketers can increase the likelihood of a purchase and improve overall ROI.

The ability of the marketer to identify customers before they make a purchase is the definition of the characteristic of digital marketing known as "personalization." Personalization in digital marketing refers to the process of tailoring marketing strategies and messages to individual customers based on their preferences, behaviors, and past interactions with a brand.

By leveraging customer data and analytics, marketers can identify potential customers and deliver persoalnized content and offers that are more likely to resonate with them, ultimately increasing the likelihood of conversion and improving customer loyalty.

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Suppose that a firm is producing in the short run with output given by: Q-58L-L? The firm hires laborat a wage of $33 per hour and sells the good in a competitive market at P - $34 per unit. Find the firm's optimal use of labor. Enter as a value. ROUND TO THE NEAREST WHOLE NUMBER

Answers

The firm's optimal use of labor can be calculated by equating the marginal revenue product of labor (MRPL) to the wage rate of labor (w). MRPL = MPL * P, where MPL is the marginal physical product of labor.

In this case, MRPL = 34 - 2L and w = 33. Thus, the firm's optimal use of labor can be found by equating these two values and solving for L: 34 - 2L = 33, L = 16.5.

Therefore, the firm's optimal use of labor is 16.5 hours. This is because, at this level, the marginal revenue product of labor is equal to the wage rate of labor. If the firm would use more than 16.5 hours of labor, the MRPL would be lower than the wage rate, meaning the firm would suffer a loss. Thus, 16.5 hours of labor is the optimal amount for the firm in this case.\

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Time Trends integrated time clock and payroll system sells for $313,533. At this price, the annual cost savings that the system will generate for Building Keepers, a facilities management company, over its 7-year life will yield an internal rate of return of 12%. Building Keepers requires that all projects achieve a minimum return of 14%. Click here to view the factor table. What price does Building Keepers need to negotiate with Time Trends so that the system will achieve that return? (For calculation purposes, use 4 decimal places as displayed in the factor table provided. Round "Annual cost saving" to 0 decimal place, e.g. 58,975 and final answer to 2 decimal places, e.g. 58,971.25.) Negotiation price $

Answers

Building Keepers needs to negotiate the price with Time Trends to $276,771.74 to achieve a 14% return. To determine the negotiation price for Building Keepers to achieve a 14% return, follow these steps:

1. Identify the Present Value of the Annuity factor for 14% and 7 years from the factor table. The factor is 4.9927.

2. Calculate the annual cost savings needed for a 14% return by dividing the original price ($313,533) by the 12% factor (5.6502). Annual cost savings = $313,533 / 5.6502 = $55,448 (rounded to 0 decimal places).

3. Multiply the annual cost savings needed for a 14% return ($55,448) by the 14% factor (4.9927) to find the negotiation price. Negotiation price = $55,448 * 4.9927 = $276,771.74 (rounded to 2 decimal places).

Therefore, Building Keepers needs to negotiate the price to $276,771.74 to achieve a 14% return.

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though there are no statistics in the table, what do you expect was the finding based on the marginal means?

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Based on the information provided and without the actual table or statistics, Marginal means refer to the average value of a variable while controlling for the other variables in a study.

1. Identify the variables in the study and their marginal means.
2. Compare the marginal means of each variable.
3. Analyze any differences or trends observed in the marginal means.
4. Draw conclusions based on the observed differences or trends, considering the context of the study.

By following these steps, you can interpret the findings of a study based on the marginal means of the variables involved. It's important to note that these expectations are hypothetical and speculative, as actual findings would require proper statistical analysis using appropriate methods, including significance testing, consideration of sample size, variability, and other relevant factors.

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almost all managers surveyed suggest workplace politics exist in their organizations and that to be successful individuals must engage in politics. group of answer choices true false

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The given statement "Almost all managers surveyed suggest workplace politics exist in their organizations and that to be successful individuals must engage in politics" is True because workplace politics are prevalent in most organizations, and it is essential for individuals to engage in them in order to achieve professional success.

Workplace politics is a common phenomenon in most organizations, as indicated by the majority of managers surveyed. Success in the workplace often requires individuals to engage in politics to some extent. This involves understanding the power dynamics, forming alliances, and managing conflicts effectively.

Workplace politics refers to the use of power and social networking within an organization to achieve personal or organizational goals. It is important to navigate these dynamics to foster a positive work environment and advance one's career. Individuals who are skilled in managing workplace politics can more effectively communicate, collaborate, and negotiate with their colleagues.

Engaging in politics doesn't necessarily mean being manipulative or dishonest. Rather, it entails being aware of the interpersonal relationships and power structures within the organization, and using this understanding to navigate challenging situations or make strategic decisions. Building strong professional relationships, being proactive in resolving conflicts, and demonstrating empathy can contribute to success in a politically-charged work environment.

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(Related to Checkpoint 10.1) (Common stock valuation) Header Motor, Inc., paid a $2.54 dividend last year. At a constant growth rate of 4 percent, what is the value of the common stock if the investors require a 9 percent rate of return? The value of the common stock is $ (Round to the nearest cent.)

Answers

To calculate the value of the common stock of Header Motor, Inc., we can use the dividend discount model (DDM) formula, which is:


Value of Stock = Dividend / (Required Rate of Return - Growth Rate)

Here, the dividend paid last year by the company is $2.54, the growth rate is 4%, and the required rate of return by investors is 9%. Plugging these values into the formula, we get:

Value of Stock = $2.54 / (0.09 - 0.04) = $63.50



Therefore, the value of the common stock of Header Motor, Inc. is $63.50.

This means that investors are willing to pay $63.50 for each share of the company's common stock, considering its dividend payment and growth rate, and the required rate of return by investors. It also indicates that the higher the growth rate and lower the required rate of return, the more valuable the stock will be.


It's important to note that the DDM formula is based on certain assumptions and may not reflect the actual market value of the stock, which can be influenced by various factors such as market trends, industry performance, and company-specific events. Therefore, it's essential to conduct a comprehensive analysis of the company's financials and other relevant information before making investment decisions.

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Because human capacity to accurately process large amounts of information is limited, how do people compensate? 1) By using computers in decision making 2) With simplified rules called heuristics 3) By using systematic biases to correct their cognitive limitations 4) Through the use of groupthink 5) With socio-cognitive intelligence

Answers

People compensate for their limited capacity to accurately process large amounts of information in various ways. One method is by using computers in decision making, which can process and analyze data quickly and efficiently, leading to more informed choices. The correct option is 1) By using computers in decision making.

Another approach involves employing simplified rules called heuristics, which serve as mental shortcuts to help individuals make decisions quickly and with minimal cognitive effort.

Additionally, people sometimes use systematic biases to correct their cognitive limitations, adjusting their judgments based on known biases in human cognition. This can help them make more accurate decisions despite their inherent cognitive constraints. Furthermore, individuals may engage in groupthink, where they rely on the collective opinions and perspectives of a group to process information more effectively and reach a consensus.

Lastly, people can also compensate with socio-cognitive intelligence, which refers to the ability to understand and navigate complex social situations. By leveraging their social skills and interpersonal connections, individuals can access diverse perspectives and resources to make better-informed decisions. Overall, these strategies help people overcome their cognitive limitations and make more accurate decisions in the face of large amounts of information. The correct option is 1) By using computers in decision making.

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which of the following should fortune brands use as the wacc for an average risk project within its titliest golf division? group of answer choices fortune brands corporate wacc. a rate slightly higher than fortune brands corporate wacc. titliest golf's divisional wacc. a rate slightly lower than titliest golf's divisional wacc. adjusting wacc

Answers

Fortune Brands should use the WACC (weighted average cost of capital) for the Titliest Golf division as the appropriate discount rate for an average risk project within that division. The correct option is C.

This is because the WACC (weighted average cost of capital) reflects the required rate of return for all capital invested in a particular division or project, taking into account the relative weights of each component of capital. The corporate WACC may not be appropriate for a division-level project as the risks and cost of capital may vary across different divisions.

Similarly, using a rate slightly higher or lower than the appropriate WACC for the Titliest Golf division may not be accurate. Adjusting the WACC may also not be appropriate without a clear rationale or methodology. Therefore, the most appropriate option is to use the WACC for the Titliest Golf division, which is option C.

Which of the following should Fortune Brands use as the WACC for an average risk project within its Titliest Golf division?

a. Fortune Brands corporate WACC.

b. A rate slightly higher than Fortune Brands corporate WACC.

c. Titliest Golf's divisional WACC.

d. A rate slightly lower than Titliest Golf's divisional WACC. Adjusting WACC

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Suppose that the borrowing rate that your client faces is 9%. Assume that the equity market index has an expected return of 16% and standard deviation of 25%. Also assume that the risk-free rate is rf = 5%. Your fund manages a risky portfolio, with the following details: E(rp) = 16%, σp = 20%.
What is the largest percentage fee that a client who currently is lending (y < 1) will be willing to pay to invest in your fund? What about a client who is borrowing (y > 1)? (Negative values should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.)

Answers

The charge will be cheaper for a client with a borrowing rate above 1 than for a client with a borrowing rate below 1 we must ascertain the highest percentage fee a client is willing to pay to invest in your fund.

Suppose your client is subject to a 9% interest rate on loans. Assume that the equity market index has a standard deviation of 25%, an expected return of 13%, and rf - 58. The hazardous portfolio that your fund manages includes the following elements: E(rp) - 11%, p= 15%.

(A minus sign should be used to denote negative numbers. Calculations in the middle shouldn't be rounded. The highest percentage fee that a client who is now lending (y1) would be ready to pay to invest in your fund is 8.7%.

Using the Security Market Line (SML), the following is calculated: SML is equal to Rf plus Bp (E(Rm)-Rf), where

Bp is 15% and Rf is 9%.

SML=9% + 15% (13% - 9%)

SML = 8.7%

The most percentage fee that a client who is currently borrowing (y > 1) would be ready to pay to invest in your fund is -1.7%. The Security Market Line (SML) is used to determine this:

SML = Rf + Bp (E(Rm) - Rf).

where Bp = 15% and Rf = 9%.

SML = 9% + 15% (13% - 9%)SML = -1.7%

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spring clean, sparkle glass, and dazzle floor are various cleaning liquids marketed under the brand name clean homes. therefore, clean homes is a(n)

Answers

Spring Clean, Sparkle Glass, and Dazzle Floor are various cleaning liquids marketed under the brand name "Clean Homes." Therefore Clean Homes" is a brand name or a brand that offers a range of cleaning products.

A brand is a name, term, design, symbol, or other feature that distinguishes a product or service from its competitors. By using a brand name, companies can create an identity and reputation for their products or services, and differentiate themselves from their competitors in the marketplace. The Clean Homes brand name suggests that the products offered are designed to provide a clean and sparkling home.Brand names are an essential aspect of marketing, and they serve as a valuable tool for companies to build customer loyalty and increase brand awareness. Companies often spend significant resources on developing and promoting their brand names, as they can significantly impact customer perception and purchasing decisions.

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Spring clean, sparkle glass, and dazzle floor are various cleaning liquids marketed under the brand name clean homes. therefore, clean homes is a cleaning. A brand is anything that sets a product or service apart from its rivals.

Various cleaning solutions sold under the name "Clean Homes" include Spring Clean, Sparkle Glass, and Dazzle Floor. As a result, "Clean Homes" refers to a company that sells a variety of cleaning supplies. A brand is anything that sets a product or service apart from its rivals, including names, terms, designs, symbols, and other features.

Companies can distinguish themselves from rivals in the market by adopting a brand name to build an identity and reputation for their goods or services. The products under the Clean Homes brand name are ostensibly made to give a spotless house.Brand names are a crucial component of marketing and a useful tool for businesses to develop consumer loyalty and raise brand awareness. As brand names have a substantial impact on consumer perception and purchasing behaviour, businesses frequently invest significant resources in creating and promoting them.

Complete question:

spring clean, sparkle glass, and dazzle floor are various cleaning liquids marketed under the brand name clean homes. therefore, clean homes is a__________.

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what role does the us government play with respect to market competition? group of answer choices policing anticompetitive behavior and prohibiting contracts that restrict competition preserving competition by regulating price and/or quantity of output intervening in the price and output decision of businesses maintaining abundant government-owned firms to ensure consumer friendly pricing

Answers

The role of the US government with respect to market competition is "policing anticompetitive behavior and prohibiting contracts that restrict competition" (Option a).

The government enforces antitrust laws that prohibit mergers or acquisitions that would create a monopoly or harm competition. It also investigates and punishes anticompetitive behavior, such as price fixing or monopolization, to ensure that the market remains fair for all participants. The government may also regulate certain industries to promote competition, such as setting standards for product safety or requiring disclosure of information to consumers.

However, it generally does not intervene in the price and output decisions of businesses or maintain government-owned firms for consumer-friendly pricing. The goal of the government's role in market competition is to promote competition and prevent abuses of market power, while allowing market forces to determine prices and output levels.

Option a is answer.

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Suppose that E&P Inc. just paid a dividend of $0.92 a share, and investors were optimistic about the prospects for the company and were forecasting the earnings to grow over the next 5 years by 10.9% a year. As this was a very high growth rate, investors did not expect it to continue forever and they expected it to grow at a rate of 3.36% afterward forever. Suppose further that the required return for the investors is 5.6%. A.) Calculate what the market price of the company’s stock is. B.) Suppose somehow the market had a revision of the growth rate from 6 years on to 4%. What would happen to the company’s stock price?

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The market price of E&P Inc.'s stock is $26.22.

If the market revised the growth rate from 6 years on to 4%, the new market price of E&P Inc.'s stock would be $18.20.

To calculate the market price, we use the dividend discount model:

Market price = Dividend / (Required return - Growth rate)

Plugging in the given values, we get:

Market price = 0.92 / (0.056 - 0.109) x (1 - 1.0336^-5)

Market price = $26.22

B. If the growth rate is revised to 4%, we need to calculate the new expected dividend at the end of year 5 and use it in the dividend discount model to calculate the new market price:

Expected dividend in year 5 = Dividend in year 4 x (1 + Growth rate)

Expected dividend in year 5 = 0.92 x (1 + 0.109) x (1 + 0.04)

Expected dividend in year 5 = $1.222

New market price = $1.222 / (0.056 - 0.04) x (1 - 1.04^-5)

New market price = $18.20

Therefore, if the growth rate is revised to 4%, the new market price of E&P Inc.'s stock would be $18.20.

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schrank company is trying to decide how many units of merchandise to order each month. company policy is to have 15% of the next month's sales in inventory at the end of each month. projected sales for august, september, and october are 46,000 units, 36,000 units, and 56,000 units, respectively. how many units must be purchased in september?

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In order to determine how many units must be purchased in September, the Schrank company must first calculate the required amount of inventory they must have on hand at the end of August.

This is done by taking 15% of the projected sales for September, or 54,000 units. This means that the company must have 8,100 units in inventory at the end of August (54,000 x 0.15). Therefore, the company must purchase at least 8,100 units in September in order to meet their desired inventory level.

This number will be adjusted if the actual sales for August exceed the projected sales amount. Additionally, the company must take into account any additional inventory needed to cover any unanticipated demand during the month of September.

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Is Lindahl equilibrium necessarily implied by efficiency in the
production of the good?

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No, Lindahl equilibrium is not necessarily implied by efficiency in the production of the good. Lindahl equilibrium is a concept in economics that describes a situation in which a group of individuals voluntarily agree on how to finance a public good, such as a public park or a highway. In a Lindahl equilibrium, each individual agrees to pay a price for the public good that reflects their own valuation of the good. The sum of these individual prices equals the cost of providing the public good.

Efficiency in the production of the public good refers to the idea that the good is produced at the lowest possible cost. While efficiency in production is an important consideration in the provision of public goods, it does not necessarily imply a Lindahl equilibrium. It is possible for a public good to be produced efficiently, but for individuals to disagree on how to finance it or to have different valuations of the good. In such cases, achieving a Lindahl equilibrium may require additional mechanisms, such as negotiation, voting, or regulation.

a cereal company contains the mean weight of the centers if it's 20 oz size vent boxes; more than 20 oz of cereal. wgat is the null hypothesis and alternatie?

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The null hypothesis for this scenario would be that there is no significant difference between the mean weight of the centers in the 20 oz cereal boxes and the weight stated on the packaging, which is 20 oz.

On the other hand, the alternative hypothesis would be that there is a significant difference between the mean weight of the centers in the 20 oz cereal boxes and the weight stated on the packaging, which is more than 20 oz.

This means that if the cereal company were to conduct a statistical test to compare the actual mean weight of the centers in their 20 oz cereal boxes to the weight stated on the packaging, they would be trying to either reject or fail to reject the null hypothesis.

If they reject the null hypothesis, it would mean that there is a significant difference between the two weights, and the company would need to adjust their packaging accordingly.

In summary, the null hypothesis assumes that there is no significant difference between the mean weight of the centers in the 20 oz cereal boxes and the weight stated on the packaging, while the alternative hypothesis assumes that there is a significant difference between the two weights, which is more than 20 oz.

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assume that one-year, 8 percent zero-coupon bonds are available in one year. what proportion of the original portfolio should be placed in these bonds to rebalance the portfolio?

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To rebalance a portfolio, the proportion of any asset should be adjusted to match the desired allocation. For example, if the desired allocation is 50 percent stocks and 50 percent bonds, then the portfolio should be rebalanced to reflect that.

In this case, if one-year, 8 percent zero-coupon bonds are available, then the portfolio should be rebalanced to include an appropriate proportion of these bonds.

The exact proportion will depend on the desired allocation for bonds, as well as the current proportions of cash, stocks, and other bonds in the portfolio. For example, if the desired allocation is 50 percent bonds, and the current proportion of bonds is 40 percent, then the portfolio should include 10 percent zero-coupon bonds in order to achieve the desired allocation.

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which of the following describes a global rfid challenge?a.foreign firms will not use global rfid since the field communication standards tend to vary from country to country.b.rfid tags are passive in undeveloped countries.c.globally, the rfid industry does not have its own uhf spectrum allocation.d.rfid can track outbound shipments only.

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Option C describes a global RFID challenge, i.e., globally, the RFID industry does not have its own UHF spectrum allocation.

RFID (Radio Frequency Identification) technology is used for tracking and identifying objects using radio waves. One of the challenges faced by the global RFID industry is the lack of a dedicated UHF (Ultra-High Frequency) spectrum allocation. As a result, RFID tags operate in different frequency bands in different countries, leading to problems with interference and inconsistent performance.

The lack of a dedicated spectrum allocation also limits the development of the industry and the widespread adoption of RFID technology, as it makes it difficult for RFID technology to be used seamlessly across borders. This is a significant challenge that the global RFID industry must address to fully realize the potential benefits of RFID technology.

Option C is answer.

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housewarez is running a campaign to remarket to existing brand customers for cross-selling purposes. what stage of the customer journey is housewarez focusing on?

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Answer: Post purchase stage.

Explanation: Housewarez is focusing on the "Post-Purchase" stage of the customer journey for cross-selling purposes by remarketing to existing brand customers.

What is Post-purchase stage? The post-purchase stage is the stage that occurs after a customer has made a purchase. At this stage, the focus is made on retaining the customer, building customer loyalty, and encouraging repetition of purchases.  In this stage, the company aims to engage with customers who have already made a purchase, and encourage them to buy additional products or services that complement their initial purchase. This can help generate more revenue for the business.

What is cross-selling? Cross-selling is a strategy used to encourage customers to purchase related or complementary products to what they have already bought.

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francis annual income in 2019 was $54,785. cpi in 2019 was 234 and 175.8 in 1999. what's the 2019 income equivalent value in 1999?

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If we calculate the nominal wage, we may use the following formula: (Real wage= Nominal wage current year/CPI current year)*100. The nominal pay is then $41137.2.

What exactly is CPI?

The Consumer Price Index (CPI) tracks changes in the prices consumers pay for products and services. The CPI represents the spending habits of two categories of people: all urban consumers and urban wage earners and clerical workers.A CPI is a statistical estimate based on the prices of a representative sample of items whose prices are collected on a regular basis. Sub-indices and sub-sub-indices for various categories and sub-categories of products and services can be computed and aggregated to generate the overall index, with weights indicating their share of the total consumer expenditures covered by the index.

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Other Questions
Chavez Company most recently reconciled its bank statement and book balances of cash on August 31 and it reported two checks outstanding, Number 5888 for $1,028 and Number 5893 for $494. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation.Date Description Withdrawals Deposits BalanceSeptember 1 $ 16,800September 3 Check #5888 $ 1,028 $ 15,772September 4 Check #5902 $ 719 $ 15,053September 5 Cash deposit $ 1,103 $ 16,156September 7 Check #5901 $ 1,824 $ 14,332September 12 Cash deposit $ 2,226 $ 16,558September 17 NSF check $ 600 $ 15,958September 20 Check #5905 $ 937 $ 15,021September 21 Cash deposit $ 4,093 $ 19,114September 22 Check #5903 $ 399 $ 18,715September 22 Check #5904 $ 2,090 $ 16,625September 25 Cash deposit $ 2,351 $ 18,976September 28 Check #5907 $ 213 $ 18,763September 29 Check #5909 $ 1,807 $ 16,956September 30 Collected note $ 1,485 $ 18,441September 30 Interest earned $ 12 $ 18,453From Chavez Companys Accounting RecordsCash Receipts DepositedDate Cash DebitSeptember 5 1,103September 12 2,226September 21 4,093September 25 2,351September 30 1,682 11,455Cash PaymentsCheck Number Cash Credit5901 1,8245902 7195903 3995904 2,0605905 9375906 9825907 2135908 3885909 1,807 9,329Cash Account Number 101Date Explanation PR Debit Credit BalanceAugust 31 Balance 15,278September 30 Total receipts R12 11,455 26,733September 30 Total payments D23 9,329 17,404 Additional Information(a) Check Number 5904 is correctly drawn for $2,090 to pay for computer equipment; however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of $2,060.(b) The NSF check shown in the statement was originally received from a customer, S. 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