Complete the Week Four Homework assignments listed below and submit your solutions in a single document. Be sure to use references and document your sources using proper APA style.
1: Wiley Corporation has an optimal debt ratio of 37percent. Its cost of equity capital is 10.8 percent and its before-tax borrowing rate is 4 percent. Given a marginal tax rate of 40 percent, calculate:(a) the weighted-average cost of capital, and(b) the cost of equity for an equivalent all-equity financed firm.
2: Discuss the pros and cons of a MNC having a centralized cash manager handle all investment and borrowing for all affiliates of the MNC versus each affiliate having a local manager who performs the cash management activities of the affiliate.
3: Compare and contrast the three basic types of taxation that governments levy within their tax jurisdictions.
By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssignTM services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution's policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.