The United States has been an attractive target for FDI partly because of its:
A. abundance of cheap and skilled labor.
B. stable and dynamic economy.
C. commitment to environmental issues.
D. low corporate tax rates.
E. high trade barriers.
B
Business
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Property rights refer to the legal rights over the use to which a resource is put and over the use made of any income that may be derived from that resource.
a. true b. false
Business
JPR Company's preferred stock is currently selling for $28.00, and pays a perpetual annual
dividend of $2.00 per share. Underwriters of a new issue of preferred stock would charge $3 per share in flotation costs. The firm's tax rate is 40%. Compute the cost of new preferred stock for JPR. A) 8.00% B) 4.80% C) 7.14% D) 9.15%
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