A composite of the cost of various sources of funds comprising a firm's capital structure is its:

a. Internal rate of return (IRR).

b. Weighted-average cost of capital (WACC).

c. Book (accounting) rate of return.

d. Modified internal rate of return (MIRR).

e. Accounting rate of return (ARR), after tax.

b. Weighted-average cost of capital (WACC).

Business

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A private placement is most apt to involve:

a. a large number of private investors b. only foreign investors c. a life-insurance company d. several private securities dealers e. the US Treasury department

Business

Internet penetration is less than 10 percent in:

A) Qatar. B) Bahrain. C) Greenland. D) Burundi. E) the Netherlands.

Business