Alpha products maintains a capital structure of 40 percent debt and 60 percent common equity. to finance its capital budget for next year, the firm will sell $50 million of 11 percent bonds at par value (assume no flotation costs). the firm will finance the rest of its $125 million in capital expenditures with retained earnings. next year, alpha expects net income to grow 7 percent to $140 million, and dividends also are expected to increase 7 percent to $1.40 per share and to continue growing at that rate for the foreseeable future. the current market value of alpha's common stock is $30 per share. if the firm has a marginal tax rate of 40 percent, what is its weighted cost of capital for next year?

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.