A $5 million deposit outflow from a bank has the immediate effect of

At the present time, Water and Power Company (WPC) has 5-year noncallable bonds with a face value of $1,000 that are outstanding

kicyunya [14]

Answer:

6.53%

Explanation:

For computing the after cost of debt we need to use the RATE formula i.e to be shown in attached spreadsheet. Kindly find it below:

Given that,

Present value = $1,050.76

Future value or Face value = $1,000

PMT = 1,000 × 10% = $100

NPER = 5 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after applying this above formula

1. The pretax cost of debt is 8.70

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 8.70% × ( 1 - 0.25)

= 6.53%

6 0

3 years ago

Which manager shows a democratic style of functioning?

Vikentia [17]

A democratic leader shares the decision-making and most of the problem solving

3 0

3 years ago

What is the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $10 million if the ticket cont

Nadusha1986 [10]

We expect to lose $0.37 per lottery ticket

<u>Explanation:</u>

six winning numbers from = { 1, 2, 3, ....., 50}

So, the probability of winning:

$P(win) = \frac{ no of favorable outcomes}{no of possible outcomes}$

$P(win) = \frac{1}{^5^0C_6} \\\\P (win) = \frac{6! X (50 - 6)!}{50!} \\\\P(win) = \frac{6! X 44!}{50!} \\\\P(win) = \frac{1}{15,890,700}$

The probability of losing would be:

P(loss) = 1 - P(win)

$P(loss) = 1 - \frac{1}{15,890,700} \\\\P(loss) = \frac{15,890,699}{15,890,700}$

According to the question,

When we win, then we gain $10 million and lose the cost of the lottery ticket.

So,

$10,000,000 - 1 = $9,999,999

When we lose, then we lose the cost of the lottery ticket = $1

The expected value is the sum of the product of each possibility x with its probability P(x):

E(x) = ∑ xP(x)

$= 9,999,999 X \frac{1}{15,890,700} + ( -1 ) X \frac{15,890,699}{15,890,700} \\\\=- \frac{5,890,700}{15,890,700} \\\\= - \frac{58,907}{158,907} \\\\= - 0.37$

Thus, we expect to lose $0.37 per lottery ticket

7 0

3 years ago

Christie sued her former employer for a back injury she suffered on the job in 2019. As a result of the injury, she was partiall

charle [14.2K]

Answer:Christie's 2020 gross income= $172,000

Explanation:

According to IRS, under the tax benefit rule Amount of punitive damages and amount of recovered medical expenses is to be added to gross income, $240,000 for the loss of future income of will not be included.

Therefore we have that

Christie's 2020 gross income=Punitive damages + Recovered medical expenses = $160,000 + $12,000 = $172,000

5 0

3 years ago

O que é locução verbal?

QveST [7]

Answer:

verbal expression - the communication (in speech or writing) of your beliefs or opinions; "expressions of good will"; "he helped me find verbal expression for my ideas"; "the idea was immediate but the verbalism took hours"

expressão verbal - a comunicação (oral ou escrita) de suas crenças ou opiniões; “expressões de boa vontade”; "ele me ajudou a encontrar expressão verbal para minhas idéias"; "a ideia foi imediata mas o verbalismo demorou horas"

Explanation:

brainliest please?

coroa please?

7 0

3 years ago