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3 years ago

Why does a campground at a national park not necessarily count as a public good?

2 answers:

6 0

I'm assuming here that "a public good" refers to a public commodity not owned by a private institution. For this question a campground does not necessarily have to be considered a public good because it can be bought. Campgrounds in national parks can actually be owned by private institutions even though the national park itself is a public good. This means that the national park is a public good but once you step into the campsite, you will be in the property of the owner.

In-s [12.5K]3 years ago

5 0

It does not necessarily count as public good because a camp ground is not a good method of showing importance of the national park as the park is open to the public and should be respected in any means possible as they are open to the public and having it as a campground is not a way of showing its importance.

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Avicorp has a $15.5 million debt issue outstanding, with a 6.3% coupon rate. The debt has semi-annual coupons, the next coupon i

Studentka2010 [4]

Answer:

a) Pre-tax cost of debt is 8.45%

b) After tax cost of debt is 5.07%

Explanation:

a) Given:

Debt issue outstanding = $15.5 million

Semi-annual coupon rate = 0.063 / 2 = 0.0315

Assumed par value (FV) = $1,000

Coupon payment (pmt) = 0.0315 × 1000 = $31.5

Current bond price (PV) = 92% of $1,000 = $920

Time period (nper) = 5 × 2 = 10 periods

Calculate semi-annual rate using spreadsheet function =Rate(nper,pmt,PV,FV)

Semi-annual rate = 4.14%

Pmt and FV are negative as they are cash outflows.

YTM = 4.14 × 2 = 8.28%

Effective annual rate = $(1+\frac{Rate}{compounding\ periods}) ^{2} -1$

= $(1+\frac{0.0828}{2}) ^{2} -1$

= 0.0845 or 8.45%

b) Tax rate is 40%

After tax cost of debt = Pre tax cost of debt × (1 - 0.4)

= 0.0845 × 0.6

= 0.0507 or 5.07%

4 0

3 years ago

If an investor purchases $1,000 face amount of an 8orporate bond at 93, and the bond is scheduled to mature in 2028, what will t

Nastasia [14]

The amount to be paid on maturity is $100,440

Given that;

Purchase value of 8% corporate bond at 93 = $1,000

Find:

The amount to be paid on maturity

Computation:

Interest amount = Face value of bond × Price × Interest

Interest amount = $1,000 × 93 × 8%

Interest amount = $7,440

The amount to be paid on maturity = $7,440 + $93,000

The amount to be paid on maturity = $100,440

In finance, maturity or maturity date is the final payment due date of a loan or other financial instrument such as a bond or term deposit upon which principal (and remaining interest) is paid.

Maturity is the date on which the life of a trade or financial instrument ends, after which it must be renewed or cease to exist. The life of a bond is the period during which its holder receives interest payments on their investment. When the bond matures, the holder will be refunded the face value. The maturity may change if the bond has a put or call option.

Learn more about Maturity here: brainly.com/question/9099365

#SPJ4

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2 years ago

When potential real GDP is equal to 70, this economy is in recession . The amount of the shortfall in planned aggregate expendi

leonid [27]

Answer: Option (D) is correct.

Explanation:

If the potential GDP is 70 and economy is in recession. Potential GDP is the GDP of an economy which can be achieved with the best utilization of economy's resources.

The amount of the shortfall in planned aggregate expenditure is equal to the vertical distance between the 45 degree line and the AE = Y, at a level of potential real GDP.

This is also shown by an arrow in the diagram.

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4 years ago

To receive a loan from the imf, a country must agree to make economic reforms. join the group of 20. agree to develop certain in

ValentinkaMS [17]

To receive a loan from the imf, a country must agree to make economic reforms and conditions related to that loans.

<h3>What are the condition to receive a loan from IMF?</h3>

To receive a loan from the IMF, a country must agree to make economic reforms.
It has to follow the conditions associated with loans, debt relief and financial aid.

So we can conclude that To receive a loan from the IMF, a country must agree to make economic reforms and conditions related to that loans. #SPJ4

Learn more about IMF here: brainly.com/question/10346932#

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2 years ago

Read 2 more answers

The Justice Department refused to approve a merger between office supplier Staples and office supplier Office Depot, a merger th

artcher [175]

Answer:

The correct answer is A) A market share of over 50% from the combined companies

Explanation:

The Clayton Act of 1914 regulates acquisitions and mergers in the United States. This is the legal source that the Justice Deparment would use to approve or disapprove the merger described in the question. It explicitly forbids mergers that result in over 50% of market share, because it consideres a higher percentage than that (a market share from 50% to 99%) to configurate a monopoly.

The merger in the question would result in a 70% market share, way higher than the legal limit, hence it would be denied by the DOJ.

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3 years ago