A reference to the criterion used to select the regression line, to minimize the squared distances between the estimated straight line and the observed values is called

Notes payable are either spontaneous secured or spontaneous unsecured financing and result from the normal operations of a firm

Indicate whether the statement is true or false

SIROM Scientific Solutions has $10 million of outstanding equity and $5 million of bank debt. The bank debt costs 5% per year. The estimated equity beta is 2

If the market risk premium is 9% and the risk-free rate is 3%, compute the weighted average cost of capital if the firm's tax rate is 30%. A) 15.17% B) 15.93% C) 16.68% D) 17.44%