Blog

20 years remain until the maturity of a bond that Crosscurrent Resolutions, Co. sold some time ago. It has a $1,000 par value, is non-callable and pays a 7.00% annual coupon semiannually. The bond currently sells for $925 and the company’s tax rate is 40%. What is the current component cost of debt for use in the WACC calculation?

If corporate tax rates were to increase while other things were held constant, and if the Modigliani-Miller tax-adjusted tradeoff theory of capital structure were correct, this would tend to cause corporations to increase their use of debt. T/F

Suppose a firm has less than its optimal amount of debt. An increase in its use of debt to the point of its optimal capital structure will decrease its weighted average cost of capital. T/F

The home health nurse is assessing two children who have not had varicella vaccination and were exposed to chickenpox. Assessment of the children reveals fever and lesions. The children are in which stage in the Natural History of Disease?

The nurse is examining the possibility that multiple factors are involved in the development of cerebral palsy. Which is the nurse is applying?

MM’s dividend irrelevance theory says that while dividend policy does not affect a firm’s value, it can affect the cost of capital. T/F

In Florida’s orange groves, farmers pay close attention to the weather forecast. Right before a predicted overnight freeze, farmers spray water on the crops to protect the plants. Use the properties of water to explain how this works. Include the role of hydrogen bonds in this.

Answer the following questions, converting in the metric system if needed. DO NOT forget your units. Round to the nearest hundredths place. 0.319km = _____ mm  

Since spelling and grammar will count in this course, let’s practice a short answer question:  How much biology (or other science class) experience have you had previous to this course? What are your future career goals?

A teacher applying Maslow’s hierarchy of human needs will be concerned first about: