This company has not hit its targets for the use of renewable energy because these sources have higher costs compared to other sources of energy. In general, the public has not been willing to pay for the added costs

A warranty is a contract in which the seller guarantees the nature of the product.

a. true b. false

A firm has issued $20 million in long-term bonds that now have 10 years remaining until maturity. The bonds carry an 8% annual coupon but are selling in the market for $877.10. For cost of capital purposes, what is the after-tax cost of debt with a corporate tax rate of 35%?

A) 6.5% B) 7.33% C) 10% D) 12.67%