1. What the life stresses on social security? Is SS viable for me at 66? for you at your age? How has SS managed to be viable for so long; how has SS been adjusted over the years to maintain viability?
2. Discuss the three forms of the efficient market hypothesis. What is the security market line?
3. John has a weighted average cost of capital of 10.0 percent. The company’s cost of equity is 14 percent, and its pretax cost of debt is 8.0 percent. The tax rate is 38 percent. What is the company's debt-equity ratio?