Michael does not want to include some of the changes which were made to his document during review. Which of the following should he do? Choose to Reject All of the changes made in the document
Choose to Accept All of the changes made in the document
O Select the changes he wants to keep and click Reject
O Select the changes he wants to remove and click Reject

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805

Acoase solution to a problem of externality ensures that a socially efficient outcome is to