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gtnhenbr [62]
1 year ago
6

Trickle Corporation's 12 percent coupon rate, semiannual payment, $1,000 par value bonds mature in 25 years. The bonds currently

sell for $1,230.51 in the market, and the yield curve is flat. Assuming that the yield curve is expected to remain flat, what is Trickle's most likely before-tax cost of debt if it issues new bonds today?
Business
1 answer:
kap26 [50]1 year ago
7 0

Answer:

The correct answer is 9.56%

Explanation:

Before tax cost of Debt = rate(nper,pmt,pv,fv) * 2

nper = 25*2 = 50

pmt = 1000*12%*1/2 = 60

pv = 1230.51

fv = 1000

Before tax cost of Debt = rate(50,60,-1230.51,1000)*2

Before tax cost of Debt = 9.56%

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Pettijohn Inc. The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization
Tom [10]

Answer:

The appropriate solution is "$2.91". A further explanation is given below.

Explanation:

Seems that the given question is incomplete. Below is the attachment of the full problem.

According to the question,

Common dividend,

= 509.83

Shares outstanding,

= 175

Now,

The dividend per share will be:

=  \frac{Common \ dividend}{Shares \ outstanding}

On substituting the values, we get

=  \frac{509.83}{175}

=  2.9133

or,

=  2.91

8 0
1 year ago
You are a student with a demanding schedule of classes. You also work part time and your supervisor allows you to determine your
grin007 [14]

Answer:

enough to earn some money but not too much to jeopardize your grades

Explanation:

Since your scarce resource is time you need to create a balance between all the tasks, so much so that you are able to benefit from all of the tasks but not substitute one for another. Therefore in this situation, you will work enough to earn some money but not too much to jeopardize your grades. That way you are able to make money to pay for most (if not all) of your expenses but at the same time, you are still making sure you are benefiting from school and not wasting your time in school by not being able to graduate.

3 0
2 years ago
Susan quit her job as a teacher, which paid her $36,000 per year, in order to start her own catering business. she spent $12,000
meriva
The answer is D.
Continue to operate her business, and she is also in long run equilibrium.
4 0
2 years ago
Planning for acquisition support activities and requirements that deal with fielding/deployment should begin as early as the: [I
Nataly [62]

Option A, Materiel Solution Analysis Phase

Explanation:

The equipment answer Analysis  part assesses potential solutions for a required capability in associate Initial Capabilities Document (ICD) and to satisfy the phase-specific Entrance Criteria for ensuing program milestone selected by the Milestone call Authority.

The MSA phase is critical to program fulfilment and attaining materiel readiness because it’s the first possibility to persuade systems sup-portability and affordability by using balancing technology opportunities with operational and sustainment requirements. During this phase, various options are analysed to select the materiel solution and broaden the Technology Development Strategy (TDS) to fill any era gaps.

8 0
1 year ago
Roland is filing his federal income tax return with the 1040ez form, and he received two w-2 forms. on one, $2620 in federal inc
seropon [69]
3890 is your answer if its apex
5 0
2 years ago
Read 2 more answers
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