Answer:Yield to maturity is 9.59%; After tax cost of debt =7.672%
Explanation:
A) Yield to maturity ={ C + (FV-PV)/t} / {(FV +PV)/2}
Where C – Interest payment = $90
FV – Face value of the security
= $1000
PV – Present value/curent market value = $960
t – years it takes the security to reach maturity= 10 years
imputing the values and calculating,
yield to maturity ={ C + (FV-PV)/t} / {(FV +PV)/2}
= $90 + (1000-960)/10} / 1000 + 960 /2
$90 + 4= $94 /980= 0.0959
therefore Yield to maturity is 9.59%
B) After tax cost of debt = Yield To Maturity x (1 - tax rate)
=9.59% x (1-20%)= 9.59% x (1-0.2 )= 9.59% x 0.8 =
9.59 % x 80%=7.672%
Answer:
The correct answer is A. True
.
Explanation:
The main function of the Public Company Accounting Supervision Board (PCAOB) is to supervise the activity of public entities in order to guarantee and protect the interests of the people involved in these organizations. Taking this into account, any activity that ensures proper management and reporting of financial activity, will be in accordance with its powers established in the Sarbanes Oxley Act.
Answer:
please explain english we dont understand
Explanation:
Answer:
C) $70,000
Explanation:
The US Department of Labor has established a range of fines that can be imposed on an employer who willfully or repeatedly violates any OSHA requirement, standard, rule or order. This range of fines starts with a minimum of $5,000 and up to a maximum of $70,000.