The federal reserve system regulates the money supply primarily by: group of answer choices

1. controlling the production of coins at the united states mint.
2. altering the reserve requirements of commercial banks and thereby the ability of banks to make loans.
3. altering the reserves of commercial banks, largely through sales and purchases of government bonds.
4. restricting the issuance of federal reserve notes because paper money is the largest portion of the money supply.

Western electric has 32,000 shares of common stock outstanding at a price per share of $79 and a rate of return of 13.00 percent. the firm has 7,300 shares of 7.80 percent preferred stock outstanding at a price of $95.00 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $404,000 and currently sells for 111 percent of face. the yield to maturity on the debt is 8.08 percent. what is the firm's weighted average cost of capital if the tax rate is 39 percent?