1.A firm's preferred stock pays an annual dividend of $2.50, and the stock sells for $65. Flotation costs for new issuances of preferred stock are 4.5% of the stock value. What is the after-tax cost of preferred stock if the firm's tax rate is 30%? Firm X has a tax rate of 30%. The price of its new preferred stock is $68 and its flotation cost is $3.15. The cost of new preferred stock is 8%. What is the firm's dividend?

2.Explain why a public relations campaign is necessary.

3.How will you find relevant contacts and sources?

2.How will you organize and begin your workday?

3.How is PR not the same as marketing?

4.List some of the developing trends in public relation business?

5.How will you put together a pitch?

6.For what reason do you think corporates require public relations pros?

7.How would you remain current with new methodologies and technologies?

Ridag Co operates in an industry which has recently been deregulated as the government seeks to increase competition in the industry. Ridag Co plans to replace an existing machine and must choose between two machines. Machine 1 has an initial cost of $200,000 and will have a scrap value of $25,000 after four years. Machine 2 has an initial cost of $225,000 and will have a scrap value of $50,000 after three years. Annual maintenance costs of the two machines are as follows: Year 1 2 3 4 Machine 1 ($ per year) 25,000 29,000 32,000 35,000 Machine 2 ($ per year) 15,000 20,000 25,000 Where relevant, all information relating to this project has already been adjusted to include expected future inflation. Taxation and tax allowable depreciation must be ignored in relation to Machine 1 and Machine 2. Ridag Co has a nominal before-tax weighted average cost of capital of 12% and a nominal after-tax weighted average cost of capital of 7%. 26 In relation to Ridag Co, which of the following statements about competition and deregulation are true? (1) Increased competition should encourage Ridag Co to reduce costs (2) Deregulation will lead to an increase in administrative and compliance costs for Ridag Co (3) Deregulation should mean an increase in economies of scale for Ridag Co (4) Deregulation could lead to a decrease in the quality of Ridag Co's product

What is the equivalent annual cost of Machine 1?

Which of the following statements about Ridag Co using the equivalent annual cost method are true? (1) Ridag Co cannot use the equivalent annual cost method to compare Machine 1 and Machine 2 because they have different useful lives (2) The machine which has the lowest total present value of costs should be selected by Ridag Co

Doubt has been cast over the accuracy of the year 2 and year 3 maintenance costs for Machine 2. On further investigation it was found that the following potential cash flows are now predicted: Year Cash flow Probability ($) 2 18,000 03 2 25,000 07 3 23,000 02 3 24,000 035 3 30,000 045 What is the expected present value of the maintenance costs for year 3r?