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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)

Which of the following projects should be accepted if a firm has a capital budget of $4,000 and a WACC of 5%? (2)  

Which of the following is the ultimate decision rule? (2)