The after-tax cost of debt is equal to one minus the marginal tax rate times the yield to maturity on

An inmate in a state prison claims his United States constitutional rights prohibiting cruel and unusual punishment are being violated by the state correctional facility. This case

a. may not be decided by a federal court since it involves a state facility. b. must be decided by the state court where the inmate established residency before going to prison. c. is a federal question case over which the federal courts have jurisdiction. d. cannot be heard, as prisoners lose the right to sue.

All administrative rules are formally called procedural rules

a. True b. False Indicate whether the statement is true or false