Question 4 of 10 Which sentence best completes the diagram? The Bretton Woods system begins. ? A. Countries tie their currencies to the value of the U. S. dollar. O B. The United States refuses to allow U. S. dollars to be spent in foreign markets. C. The standard of living in the United States begins to fall rapidly. D. International demand for U. S. dollars reaches its lowest point in history SUBMIT

The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.