$12,650.
$230,000 × 5.5%, or $12,650.
Answer:
Have utility
Explanation:
For something to have value, it must have utility.
Answer:
11.86%
Explanation:
First we need to calculate the return on equity(Re).
re = rf + B(rm-rf)
re = 0.03 + (1.4)*(0.11-0.03) => 0.142 or 14.2%.
Now the formula for WACC is,
WACC = (re * %of Equity) + ((rd * %of Debt)(1-tax rate))
Hence this is calculated as,
WACC = (0.70*0.142)+((0.30*0.08(1-0.20))
WACC = 11.86% or 0.1186.
Hope this helps. Goodluck.
Answer:
The correct answer is (a)
Explanation:
The concept of barter trade is the exchange of goods and service. Barter trade was practised before the paper currency. The real reason to introduce paper currency was that it was hard to exchange goods and service with certain specific demands. Counter-trade arrangement is an agreement of barter trade to the means of exchanging goods and services with other goods and services.