Options:
a. 14.58%
b. 12.83%
c. 15.46%
d. 16.33%
e. 16.92%
Answer:
Correct option is A.
14.58%
Explanation:
After-tax yield = pre-tax yield x (1- marginal rate)
and Taxable-equivalent yield = tax-exempt yield / (1- marginal tax rate)
Hence Taxable-equivalent yield =.105/(1-.28)
=.105/.72=.14583333
=14.58 %
Answer:
B: the firm's income will remain unchanged whether it sell tortillas or taco shells
Explanation:
The firm's income will still be the same because additional cost are incurred when producing the taco shells see below for calculation
When the firm processes tortillas: it makes a revenue of $22,500 and a cost of $8,000 realizing a profit of $14,500.
When the firm decides to fry the tortillas to make hard taco shells: it makes a revenue of $26,700 and total cost of $12,200 ($8,000+$4,200) then realizing a profit of $14,500.
Thus, the reason the profit won't change is because the firm incurred additional cost in processing the taco shells.
Answer:
The selling price today = $28.536
Explanation:
The question states that D0 is $1.5.
To calculate price, we need to calculate Present value of future dividends along with a terminal value from the time the dividend growth is becoming constant.
The D1 growth will be 20% of D2.
The fall in dividend growth will be 5% till it reaches 5%.
- P0 = D1 / (1+r) + D2 / (1+r)² + D3 / (1+r)³ + D4 / r-g
- Where,
- r = required rate of return
- g = growth rate
Thus,
P0 = 1.5*(1.2) / (1+0.15) + 1.5*(1.2)*(1.15) / (1+0.15)² + 1.5*(1.2)*(1.15)*(1.1) / (1+0.15)³ + 1.5*(1.2)*(1.15)*(1.1)*(1.05) / (0.15 - 0.05)
P0 = $28.536
10 million years ago the distance between what is today New York City, and London, England was closer than today.
<h3>What do the movement of tectonic plates cause?</h3>
There are several effects of tectonic plates constantly being in motion and one of them is that continents are moving further away from each other.
Places that were closer to each other millions of years ago are no longer close to each other. One example is New York City which would have been closer to London if this were 10 million years ago.
Options for this question include:
- closer than today
- further than today
- same distance as today
Find out more on the movement of continents at brainly.com/question/12864737
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A raise is what it is called or
A promotion