You put $2,000 into your retirement account earning 8% interest at the end of the year each year for 30 years. How much do you have at the end of 30 years?

Select one: a. $244,692 b. $226,566 c. $252,329 d. $218,363

What is the breakpoint where retained earnings are used up? Select one: a. $64,000 b. $32,000 c. $19,200 d. $38,400

What is the cost of retained earnings? Select one: a. 10.83% b. 14.75% c. 15.83% d. 9.75%

24) What is the after-tax cost of debt?

Select one: a. 5.0% b. 7.2% c. 6.0% d. 10.0%

25) What is the cost of newly issued stock?

Select one: a. 12.22% b. 10.83% c. 15.83% d. 14.75%