Great lakes packing has two bond issues outstanding. the first issue has a coupon rate of 3.48 percent, a par value of $1,000 per bond, matures in 7 years, has a total face value of $3.5 million, and is quoted at 108 percent of face value. the second issue has a coupon rate of 5.86 percent, a par value of $2,000 per bond, matures in 20 years, has a total face value of $7.8 million, and is quoted at 94 percent of face value. both bonds pay interest semiannually. the company's tax rate is 39 percent. what is the firm's weighted average aftertax cost of debt?

a. 2.84%
b. 2.95%
c. 2.63%
d. 4.98%
e. 4.01%

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

Calculating and interpreting eps information wells fargo reports the following information in its 2015 form 10-k. in millions 2015 2014 wells fargo net income $24,005 $24,168 preferred stock dividends $1,535 $1,347 common stock dividends $7,400 $6,908 average common shares outstanding 5,136.5 5,237.2 diluted average common shares outstanding 5,209.8 5,324.4 determine wells fargo's basic eps for fiscal 2015 and for fiscal 2014. round answers to two decimal places.

Which of the following is usually not one of the top considerations in choosing a country for a facility location? a. availability of labor and labor productivityb. attitude of governmental unitsc. location of marketsd. zoning regulationse. exchange rates