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Andreas93 [3]
2 years ago
11

Curtis invests $250,000 in a city of Athens bond that pays 7 percent interest. Alternatively, Curtis could have invested the $25

0,000 in a bond recently issued by Initech, Inc. that pays 9 percent interest with similar risk as the city of Athens bond. Assume that Curtis's marginal tax rate is 24 percent. What is Curtis's after-tax rate of return on the city of Athens bond
Business
2 answers:
Anna11 [10]2 years ago
7 0

Answer:

7%

Explanation:

Interest income if Curtis invested

250,000 x 9% = 22,500

After tax interest income = 22,500 - (22,500 x 24%)

= 17,100

After tax rate of return = 17,100/250000

0.068

Approximately 7%

Bas_tet [7]2 years ago
3 0

Answer:

7%

Explanation:

Municipal bonds (includes both state, county and city bonds) are not subject to federal income taxes, so the after tax rate of return on the city of Athens bond is the same as its coupon rate ⇒ 7%.

In a matter of reciprocity, US securities (federal government) are not subject to state or local taxes.

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The business objective that I want Holden Evan to achieve in Tuatara is to sell their products throughout the Tuatara territory.

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As the VP of Global Marketing, the business objective that i want Holden Evan to achieve in Tuatara is to sell their products throughout the Tuatara territory reason been that Holden Evan is a multinational corporation that deal in selling of beauty products as well as other consumer goods and since Tuatara is an emerging market for consumer products, this means that Holden Evan’s main aim and objective in Tuatara territory should be to manufacture and sell their products throughout the Tuatara territory.

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Which of the following suggestions for integrating graphics in a report is the most accurate?
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Answer: B. Mention the graphic in the text of the report.

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Explanation:

Graphics should be included inside the report, rather than only in the appendix, if they are important for discussions and presentations in the report.

Graphics can be created in colors in the report, especially if the reports are to be printed in colors version. However, if the report is to be printed in black and white only, the graphics should also be in black and white only so that the printing resolution is clear.

Titles of the graphs, x-axis and y-axis, together with the range should be clearer shown together with the graphics for the readers' understanding.

3 0
1 year ago
Jake considers himself to be a follower of Thomas Malthus. Which of the following statements would Jake be most likely to make?
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Answer:

D

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The Malthus theory states that population should be controlled because there are no enough resources to please the future needs. This is how it works: in the short-run there is a change in technology that leads to an increase in income. Because people have more income, better life standards, the birth rate increases and exceeds the death rate. In the long-run total income would have to be distributed between more people than before and the economy reaches the equilibrium again, in which the birth rate equals the death rate.

In other words, econmic success becomes a reproductive success.

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2 years ago
You are a Director in the Andrews Corporation. Your boss called you to inform you that there is a proposed layoff in your depart
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Making sure that Shelia understands the economic need for laying-off staff.

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Lay-offs and the communication associated with it is never a pleasant topic for the employee who is getting laid-off, but also for the person who is in charge of delivering the message.

The key takeaway when communicating things related to lay-offs is the distinction between <em>lay-offs</em> and <em>employee firing due to bad performance</em>. Lay-offs are never the result of an individual's bad performance or mistakes regarding work, instead, they are always related to business issues, such as mandatory downsizing. All in all, lay-offs are always about <em>economic issues </em>regarding the business.

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Answer:

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