The financial manager had collected the following information regarding Modern Furniture Co.? Modern Furniture capital structure is 70 percent equity, 30 percent debt. The yield to maturity on the Modern Furniture bonds is 9 percent. Modern Furniture year-end dividend is forecasted to be $0.80 a share. Modern Furniture expects that its.dividend will grow at a constant rate of 9 percent a year. Modern Furniture stock price is $25. Modern Furniture tax rate is 40 percent. The firm payout ratio is 100 percent. Its investment bankers anticipate that the total flotation cost will equal 10 percent of the amount issued. Assume the company accounts for flotation costs by adjusting the cost of capital. Given this information, calculate the company's WACC.

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Procedural Coding: CPT and HCPCS

Computer hardware and accessories nowadays support various types of coding for a variety of purposes. Procedural coding is a straightforward process that combines several steps of a calculative sequence to achieve the desired result. It is a type of medical classification that aids in the identification of specific surgical, medical, or diagnostic procedures. It begins as soon as a patient enters the premises of a healthcare provider. These coding systems have significantly aided the process of insurance claims and billing.