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Question - During its first month of operations a manufacturer incurs the following costs (in dolllars) related to activities within its factory.
Direct materials $20,000
Direct labor $40,000
Manufacturing overhead $25,000
What are the manufacturer's total product costs for the month?
$85,000
$65,000
$60,000
$45,000
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
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