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Vera_Pavlovna [14]
3 years ago
7

Andy has a credit rating of 800, and Mia has a credit rating of 585. They both apply for the same loan amount from Newton Bank.

The bank
approves Andy's loan at 6.5%, and Mia is charged 4 percentage points more because of her lower credit rating. What interest rate does Mia have
to pay?
Siku
O A
2.5%
B.
4.0%
O
C.
6.9%
OD. 10.5%
O
O E.
11.25%​
Business
2 answers:
Mkey [24]3 years ago
8 0

Answer:

D

Explanation:

4% more from 6.5 would be 10.5%

vodka [1.7K]3 years ago
4 0

Answer:

D) 10.5

Explanation:

4 points more means

6.5 + 4

= 10.5%

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Answer:

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Explanation:

that my answer po

7 0
3 years ago
In analyzing the value of the firm as a function of capital structure, the present value of the tax shield benefit is offset by
Hoochie [10]

Answer:

The correct answer to the following question will be Option D (Financial distress and agency costs).

Explanation:

  • A cost of an agency is a form of company's internal expense that comes from an employee working on behalf of action of the principle. Agency costs usually occur from core redundancies, confusion, and delays, such as shareholder and management conflicts of interest.
  • Distress expense applies to the expenses that a financially distressed company faces beyond the business cost, such as increased capital expenses. Troubled companies tend to have a tougher time fulfilling their financial responsibilities, which turns into a higher chance of default.
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Therefore, Option C is the right answer.

5 0
3 years ago
A medical group practice is considering offering a new service with risk that is greater than the current risk of the business.
zlopas [31]
Stick to the regular risk and not the new one
4 0
3 years ago
Marlow Company purchased a point of sale system on January 1 for $5,800. This system has a useful life of 5 years and a salvage
xz_007 [3.2K]

Answer: $1392

Explanation:

The depreciation rate under straight line is =1/5=0.2

The depreciation rate under double declining is = 0.2 × 2 = 0.4

Depreciation expense for the first year = 0.4 × $5800 = $2320.

At the beginning of year two, net book value = $5800 - $2320 = $3480

Depreciation expense for year two = 0.4 × $3480 = $1392

7 0
3 years ago
An employee has a claim on the cash flows of Martin’s Machines. This claim is defined as a claim by one of the firm's:
noname [10]

Answer:

Stakeholder

Explanation:

The stakeholders are the people and group that has an interest in the company and it directly gains or suffered from the actions that are taken by the company

It involves various persons like employees, suppliers, investors, customers, government, unions, etc

Here in the given situation, the employee has a claim on the cash flows so this represents the stakeholder

5 0
3 years ago
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