The Red Hen currently has a debt-to-equity ratio of .45, its cost of equity is 13.3 percent, and its beta is 1.49. The pretax cost of debt is 7.2 percent, the tax rate is 35 percent, and the risk-free rate is 3.1 percent. The firm's target debt-to-equity ratio is .4. What discount rate should be assigned to a new project the firm is considering if the project is equally as risky as the overall firm and will be financed solely with debt

Do it! review 16-3 the assembly department for right pens has the following production data for the current month. beginning work in process units transferred out ending work in process 0 22,500 16,000 materials are entered at the beginning of the process. the ending work in process units are 70% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs. materials conversion costs the equivalent units of production