According to the __________ Amendment, "The Powers Not Delegated to the United

question 29

Multiple Choice

According to the __________ Amendment, "the powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people."

• A) First
• B) Fourth
• C) Fifth
• D) Tenth

Describe the considerations in calculating the Weighted Average Cost of Capital (WACC) for new capital budgeting projects.

Explain the impact of flotation costs and other factors on the cost of new equity.

Recognize the differences between the cost of capital components and the returns paid to investors in the underlying securities.

Understand the importance of market values in maintaining or achieving a firm's capital structure.