Answer:
$39,220
Explanation:
The maturity value of the note receivable on June 30, 2012
= Principal + Interest
= $40,000 + $40,000 x 6%
= $40,000 + $2,400
= $ 42,400
The note is discounted on September 30, 2011. Time period remaining to go till maturity as on September 30, 2011
= 12 - 3 months ( July, Aug and Sep)
= 9 months.
Amount of deduction
= $ 42,400 x 10% x 9/12
= $ 3,180
Finally, the Cash received by Ireland will be
= Maturity value - Discount
= $42,400 - $ 3,180
= $39,220
Answer:
Funsters should increase the supply of its doll now before the other doll hits the market.
Explanation:
A scatter plot is a type of graph in which use Cartesian coordinates to display values of typically two variable set of data and use it in the graph. It also reflect the relationship between two variables and how each other affects each other. And i think the best answer to your choices is letter C.
Answer:
a tax-rate for 25% will make the investor be indifferent between there two bonds
Explanation:
The Municipal bonds are tax free. Therefore, do not pay the income tax for their interest.
We need to set and equation for the net yield of the bonds after tax, which equal the municipal bond:
debt after tax:
cost of debt ( 1 - t) = after-tax
we want to equalize 8% pre-tax with 6% after-tax
0.08 ( 1 - t ) = 0.06
t = 1 - 0.06/0.08 = 1 - 0.75 = 0.25 = 25%
a tax-rate for 25% will make the investor be indifferent between there two bonds
