If the Health Insurance Industry created an organization tha…

If the Health Insurance Industry created an organization that seemed to be a neutral think tank titled “The Excellence Healthcare Initiative” to stop health care reform from being passed, this is called: A) Rescission B) Astroturf C) A front group D) Crisis Management

Shi Import-Export’s balance sheet shows $[x] million in debt…

Shi Import-Export’s balance sheet shows $[x] million in debt, $[y] million in preferred stock, and $[z] million in total common equity. Shi’s tax rate is [a]%, the cost of debt is [b]%, the cost of preferred stock is [b]%  and the cost of equity is [c]% . If Shi has a target capital structure of 30% debt, 5% preferred stock, and 65% common stock, what is its WACC?      (for the answer write the percent value but do not include the % sign , round 2 decimal places)      exam spreadsheet for final exam.xlsx