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Business, 23.03.2020 16:57 chrissy5189
If two short-term assets offer different interest rates, then investors will move their wealth towards the asset with the lower return. There is no practical difference between long-term interest rates and short-term interest rates. If long-term interest rates fall, new homeowners can afford more expensive homes. Interest rates on financial assets that mature in ten months or less are long-term interest rates. The opportunity cost of holding money falls when short-term interest rates fall. True/false
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Business, 22.06.2019 00:50
Hanna intends to give her granddaughter, melodee, her antique hat pin. this heirloom has been kept under lock and key in the wall vault in the library of hanna's house in virginia. the hat pin is currently the only item in the vault. when hanna is visiting melodee in connecticut, hanna gives melodee the only key to the vault. melodee is grateful for the present and excitedly accepts. in this situation has there been a completed gift?
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Business, 22.06.2019 06:40
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Business, 22.06.2019 16:10
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Business, 22.06.2019 21:40
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?
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