Why Did a French Government Representative Declare Esther De Berdt

question 6

Multiple Choice

Why did a French government representative declare Esther de Berdt Reed "the most fearless and active" patriot the Revolution had inspired?

• A)She had aided the French Navy.
• B)She had fought in the front lines of the Continental Army.
• C)She had successfully spied on the British Army.
• D)She had organized the first major fund drive in American history.

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Definitions:

Pretax Cost of Debt

The rate of interest a company pays on its borrowings before tax adjustments, often used in calculating the cost of capital for a company.

Retained Earnings

Profits that a company has kept or retained rather than paid out as dividends.

Cost Estimate

An approximation of the costs associated with completing a project, task, or transaction, often used in budgeting and planning.

WACC

Weighted Average Cost of Capital, the average rate of return a company is expected to pay its security holders to finance its assets.