Based on Exhibits A and B, the current after-tax cost of debt for MBG is closest to:

Which of the following are characteristics of direct marketing?

a. exposure to a good or service through a nonpersonal medium and ordering via mail, phone, fax, or computer b. exposure to a good or service through a nonpersonal medium and ordering via personal interaction c. exposure to a good or service through a personal medium and ordering via mail, phone, fax, or computer d. exposure to a good or service through a personal medium and ordering via personal interaction

One shareholder questioned the CEO's rationale for beginning an exploratory effort to establish a new manufacturing plant in India

The CEO responded by explaining that India was an untapped market with a high demand for products such as those produced by Sterling. His rationale represented an example of which of the following reasons for international expansion? A) investing in a potentially rewarding relationship with a foreign partner B) gaining access to lower-cost or better-value factors of production C) seeking opportunities for growth through market diversification D) better serving key customers that have relocated abroad