When using the free-cash flow model, cash flows are discounted at the weighted average cost of capital (WACC) and when using the dividend discount model, dividends are discounted at….
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Download the American Government textbook (PDF version) (Links to an external site.)Links to an external site. to view the page numbers, which you need to cite in your response to the below prompt. You will not see page numbers if you just view the book online.
This is a two step prompt: First, using Chapter 3 of the American Government textbook, define dual, cooperative, and new federalism. Give a historical example of each of the three types of federalism. Second, watch the below video. What is Craig Bezine’s verdict regarding the state of federalism today and its future prospects? That is, why does he believe it will be difficult to move back to dual federalism? Do you agree with his assessment? Do you think the people would support returning back to dual federalism? Why? Explain your answer.
Tip: I suggest reading Chapter 3 (Federalism) before and/or after viewing the video, as it will help you keep up with and understand what is being discussed.
Warning: Turn the captions on for this video, as the presenter talks fast. Having the words on screen will help you keep up, as will viewing the video more than once and/or pausing it when necessary. Crash Course: Federalism (Links to an external site.)Links to an external site.