Meyer & co. expects its ebit to be $111,000 every year forever. the firm can borrow at 6 percent. t
he company currently has no debt, and its cost of equity is 13 percent.

a. if the tax rate is 25 percent, what is the value of the firm? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

b. what will the value be if the company borrows $235,000 and uses the proceeds to repurchase shares? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

10.     lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d   incorrect

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively

Acollege registrar's office requires you to first visit with one of three advisors and then with one of two financial professionals. this system best described as which of the following? a. single server, single phase systemb. multiple server multiphase systemc. multiple server, cross phase systemd. single server, multiphase systeme. multiple server, single phase system