Two years ago, a company issued $20 million in long-term bonds at par value with a coupon rate of 9%. The company has decided to issue an additional $20 million in bonds and expects the new issue to be priced at par value with a coupon rate of 7%. The company has no other debt outstanding and has a tax rate of 40%. To compute the company’s weighted average cost of capital, the appropriate after-tax cost of debt is closest to:

Wilma is trying to incorporate impression management techniques to protect her self-image at work by maximizing good impressions others have of her. All of the following are impression management strategies he could employ to maximize good perceptions by others, except ___________.

a. exemplification b. ingratiation c. justifications d. self-promotion

Which of the following is NOT a summary?

a - Executive abstract b - Audience abstract c - Descriptive abstract d - Informative abstract