An indirect quote indicates the number of units of foreign ...

[imowrer]

An indirect quote indicates the number of units of foreign currency that can be bought for one unit
  of the home currency.
 
  Indicate whether the statement is true or false

Question 2

The DEF Company is planning a 64 million expansion. The expansion is to be financed by selling
  25.6 million in new debt and 38.4 million in new common stock.
 
  The before-tax required rate of
  return on debt is 9 percent and the required rate of return on equity is 14 percent. If the company is
  in the 35 percent tax bracket, what is the firm's cost of capital?
  A) 10.74 B) 8.92 C) 9.89 D) 11.50

[234sdffa]

Answer to Question 1

TRUE

Answer to Question 2

A

[imowrer]

Excellent

[FergA]

Thanks for the timely response, appreciate it