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Arada [10]
3 years ago
14

A taxable bond with a coupon rate of 6.00% has a market price of 98.19% of par. The bond matures in 9.00 years ans pays semi-ann

ually. Assume an investor has a 25.00% marginal tax rate. The investor would prefer otherwise identical tax-exempt bond if it's yield to maturity was more than _____%
Business
1 answer:
DaniilM [7]3 years ago
3 0
If it were more than 50percent
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saveliy_v [14]
Good Public relations skills lah - IT peeps must communicate with their teammates to come up with new ideas like app or what not what

Scientific background- the discovery of advance science could propel new discovery in tech area

3 0
3 years ago
Equilibrium quantity must decrease when demand
spayn [35]
Increases and supply does not change, when demand does not change and supply increases.
7 0
3 years ago
On March 1, it was discovered that the following errors took place in journalizing and posting transactions: a. The receipt of $
Kitty [74]

Explanation:

The Journal Entry is given below:-

a. Cash Dr,                   8400  

           Accounts receivable        8400

(Being the Cash received)

 

b. Supplies Dr,                2500  

           Office equipment         2500

(Being the reserve entry is recorded)

Supplies Dr,                             2500  

            Accounts payable           2500

(Being the supply is purchased)

7 0
2 years ago
A customer sells short 100 shares of ABC stock at $30 as an initial transaction in a margin account. The customer must deposit:
Ber [7]

Answer:

The best answer is C.

Explanation:

Regulation T initial margin to short stock is 50% of $3,000 = $1,500. However, since this is a new account, it must meet the minimum initial margin of $2,000 needed to open an account. Therefore, $2,000 must be deposited.

4 0
3 years ago
On August 1, 1958, first-class postage for a 1-ounce envelope was 4 cents. On August 1, 2007, a first-class stamp for the same e
Andrej [43]

Answer:

4.86%

Explanation:

Given that,

First-class postage for a 1-ounce envelope = 4 cents

On August 1, 2007

A first-class stamp for the same envelope cost = 41 cents

Period, n = 49 years

F=P(1+i)^{n}

41=P(1+i)^{49}

\frac{41}{4}=(1+i)^{49}

10.25\ cents=(1+i)^{49}

1.0486=(1+i)

i = 1.0486 - 1

 = 0.0486 or 4.86%

Therefore, the interest rate is 4.86%.

3 0
2 years ago
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