This is a TWO-PART question. 1. STATE one thing you learned…

This is a TWO-PART question. 1. STATE one thing you learned in this course that you believe you will use in the future (for 3 points). 2. EXPLAIN one reason why you think you will use it (for 3 points). If your answer to question one is “nothing”, it will count for 2 points.  For full credit you must then give two reasons why you learned nothing (for 2 points each).

The average verbal SAT score for the entire class of enterin…

The average verbal SAT score for the entire class of entering freshmen is 530. However, if you select a sample of 20 freshmen and compute their average verbal SAT score you probably will not get exactly 530. What statistical concept is used to explain the natural difference that exists between a sample mean and the corresponding population mean?

At December 31,2023, Day-Brite Inc.’s market value of equity…

At December 31,2023, Day-Brite Inc.’s market value of equity was $8 billion and its total market value was $12 billion.  Day-Brite’s assumed statutory tax rate was 28%, its pretax borrowing rate was 4%, and its estimated market beta was .58.  Assume also that the expected risk-free rate is 2.5% and the expected market risk premium is 4%.  Estimate Day-Brite’s cost of debt capital

At December 31,2023, Day-Brite Inc.’s market value of equity…

At December 31,2023, Day-Brite Inc.’s market value of equity was $8 billion and its total market value was $12 billion.  Day-Brite’s assumed statutory tax rate was 28%, its pretax borrowing rate was 4%, and its estimated market beta was .58.  Assume also that the expected risk-free rate is 2.5% and the expected market risk premium is 4%.  Estimate Day-Brite’s cost of equity capital