Tangshan Mining is considering issuing preferred stock. The preferred stock would have a par value of $75 and a 5.50 percent dividend. What is the cost of preferred stock for Tangshan if flotation costs would amount to 5.5 percent of par value?

Which of the following is the placement of messages in nontraditional media, such as signs on elevator doors or in a restaurant's restrooms?

A) lobbying B) mobbing C) sponsorship D) ambient advertising E) direct marketing

Learning about cultures other than your own will make you

A) crave food from that culture. B) want to work in that culture. C) able to solve the problems that other cultures face. D) become more knowledgeable and probably a better conversationalist.