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I will avoid burns by testing glass and metal objects for heat before handling. I know that the preferred first aid for burns is to immediately hold the burned area under cold water for several minutes. [Initial here]

I will wear approved safety glasses at all times while working on lab experiments, and if I ever spill any chemical on myself I will immediately flush the spill with a lot of water and then consult a doctor if required. [Initial here]

Which of the following was presented as an example of a plantation mistress during the course?

Which of the following is true of James Monroe as president?

What nickname was given to cotton during the 1830s?

Georgia Dog Inc. typically uses equity as their main source of funding and typically only finances with 20% debt. The firm’s before-tax cost of debt has been estimated to be 10% while their before-tax cost of equity is estimated at 22%. If the firm faces a 40% tax rate, what is their WACC? (4)

Find the IRR for the following project if the firm’s WACC is 8%. (6) Year Cash Flow 0 -9000 1 4,000 2 5,000 3 6,000 4 2,000  

Ten years ago, a firm issued bonds with an original maturity of 35 years. The bonds were issued with a 6% coupon rate. These bonds are currently selling for 85 (not a typo). What is the after-tax cost of debt for this firm? Assume a tax rate of 40%. (6)

When WACC = IRR, what is true about NPV? (Warning: SUPER HARD!!! Remember what WACC represents and what IRR represents) (2)

If capital rationing is taking place, this means that a firm’s capital budget is ______ which ultimately ______ the value of the firm. (2)