Answer: Roughly $110.40
Explanation:
100 x (1.02)^5
The 1.02 is just 100 percent of the number plus the 2 percent interest you make.
Answer:
aftertax cost of debt =5.63%
Explanation:
fisrt we need to know the formula for the yield to maturity
Yield to maturity (YTM)
YTM= ( I+(F-P)/n ) / ( 0.6P +0.4F)
YTM= (9 + ( 100-102.3) / 11 ) / (0.6*102.3 + 0.4*100)
YTM= 0.0867
YTM= 8.67%
after taxes we have...
8.67% (1-0.35%)
=0.0563
=5.63%
If Nike and Adidas merge, it would be a horizontal merger
<h3>What is a merger?</h3>
A merger can be described as the absorption of one firm by another firm. When a merger occurs, one of the firms involved in the merger ceases to exist. Only one firm would exist.
<h3>What is an horizontal merger?</h3>
An horizontal merger occurs between firms in the same industry. The firms are usually competitors.
Reasons for an horizontal merger include:
- To increase the market power of a firm
- To achieve economies of scale.
To learn more about mergers, please check: brainly.com/question/1086715
A percentage of sales revenue paid to coworkers is called commission