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suter [353]
2 years ago
9

"Easy Rider Inc. sold a 15 year $1,000 face value bond with a 10 percent coupon rate. Interest is paid annually. After flotation

costs, Easy Rider received $928 per bond. Compute the after-tax cost of debt for these bonds if the firm's marginal tax rate is 40 percent.
a) 22%
b) 11%
c) l3%
d) 6.6%
e) 4.4%"

Business
1 answer:
STatiana [176]2 years ago
8 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Sarah has a flair for architecture. She has had good grades all through college. She wishes to become an architect at the renown
Minchanka [31]

Answer:

<em>Among the attributes Sarah should have about </em><em>SMART goals</em><em> is: </em>

S: Specific: She knows what company she wants to work in and the job she wants to do.

M: Measurable: Get the job.

A: Achievable: her good grades

A: Relevante: her passion for her career and her gift for architecture.

T: Time limit: Not relevant.

Explanation:

The SMART method is used by companies or by individuals to achieve a proposed goal. Generally, the SMART method is used as an orientation method for developing and finalizing the proposed plans to achieve each objective.

For example, in the case of Sarah, throughout her years of study, she developed some attributes that help her identify with the characteristics of SMART goals, to achieve employment.

<em>I hope this information can help you.</em>

5 0
2 years ago
Read 2 more answers
1. All of the following are good financial savings strategies EXCEPT ___. (1 point)
jarptica [38.1K]

All of the following are good financial savings strategies EXCEPT "saving for an emergency fund, then paying off credit debt".

<u>Option: B</u>

<u>Explanation:</u>

An effective financial system can encourage savings by offering simple and convenient exposure to suitable savings tools provided at reasonable price by high-quality, reputable institutions. The emergency funds through your earning years can be extremely valuable, if you lose your job or are unable to work due to a temporary injury or after retirement, so you need cash to cover your regular bills.

Here saving for emergency fund, then paying off credit card is blunder idea, because interest rate may become huge load, and if not paid and simultaneously retirement or any tragedy take place which donot permit to continue job than there will be burden from two sides i.e paying regular bills and credit card's principal amount with interest.

4 0
2 years ago
You are evaluating a proposed expansion of an existing subsidiary located in Switzerland. The cost of the expansion would be SF
Anna [14]

Answer:

SF7.37

Explanation:

PV of cash flow is calculated using the formula

1-(1+r)^-n/r=1-(1-0.15)^5/0.15=1-(0.75)^5/0.15=1-0.237/0.15=5.085

So pv=5.085×4.4=SF

20.3385million

Using interest parity

1+ic/1+ib =Fo/So

Counter country is US while home country is in

swiss

1+0.05/1.04=fo/1.09

Fo=1.09×1.05/1.04=1.1

So expected PV=20.3385×1.1=SF22.37235million

Profit=23.37235-15=SF7.37

6 0
2 years ago
Read 2 more answers
Rodney just earned his master's degree in Marketing. Based on his education, which job would he be best suited for? Supply Chain
lubasha [3.4K]

Answer:

Marketing Specialist

Explanation:

Marketing is in all the activities undertaken by a business to entice customers to but its products.  It will include all promotional initiatives that aim at increasing the sales volume of a company. These activities range from advertising, promotions, publicity, and direct selling.

Rodney has graduated in marketing; meaning has acquired skills and competencies required in the marketing discipline. He will be more effective as a marketer as he has adequate knowledge of marketing. Rodney will be more fulfilled and better motivated in marketing because that is his area of strength.

7 0
2 years ago
Xena and xavier form the xx llc. xena contributes cash of $20,000, land (basis = $40,000; fair market value = $25,000), equipmen
brilliants [131]

Answer: $0 equipment, $20,000 land, $30,000 inventory, $90,000 partnership interest.

Explanation: The asset basis in the partnership between Xena and Xavier is the same same their basis. In the scenario above, Xena's basis is the same as Xena's partnership basis in asset.

Xena's asset basis include;

Cash = $20,000

Land basis = $40,000

Inventory basis = $30,000

Equipment basis = $0

Therefore Xena's basis in the partnership interest :

$(20,000 + 40,000 + 30,000 + 0) = $90,000

4 0
2 years ago
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