A project's discount rate should be based on I. the current risk level of the overall firm II. the firm's interest rate for a levered firm III. the actual sources of funding used for the project IV. an average of the firm's overall cost of capital for the past five years V. None of the above given options is correct

Rats that received electric shocks were unlikely to develop ulcers if the

12. to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill.

Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease