Reader's Digest Association, Inc., has published Reader's Digest magazine for over 80 years, and many believe the publication is
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Answer:
The after-tax weighted average cost of capital for Ronnie's Commics is 9.6%
Explanation:
WACC is calculated by the formula
=
According to the information given in the question,
E+D= $250,000,000 + $750,000,000 = $1,000,000,000
E = $250,000,000
D = $750,000,000
T = 35%
Re = 15%
Rd = 12%
Substituting the values in the formula,
=
= 3.75 + 5.85 = 9.6%
Answer:
The outcome of this game is that both countries will cheat
Explanation:
Solution
Recall that
For Russia:
If Qatar cheats or found cheating is = zero cheat
If Qatar co-operates = 140 million (co-operates or comply)
For Qatar:
If Russia cheats or found cheating is = it is considered as a zero cheat
If Russia cooperates = 140 million (co-operates or comply)
So,
The outcome of equilibrium = (0,0)
Therefore the outcome of this game is that both countries will cheat
Note: Kindly find an attached copy of part of the solution to the question given.
