Answer: 9.2%
Explanation:
The interest rate that Rolling Coast should expect to issue new bonds will be calculated thus:
Firstly, we will calculate the previous risk premium on BBB bonds which will be:
= 11.5% - 8.7% = 2.8%
Then, the new risk premium on BBB bonds will be:
= Previous risk premium / 2
= 2.8% / 2
= 1.4%
Then, the interest rate that Rolling Coast should expect to issue new bonds will be:
= 7.8% + 1.4%
= 9.2%
Your answer would be, The <ol> and </ol> tags must be at the start, and end of an ordered list.
<OL> and </OL>
Hope that helps!!! Hope that was one of the choices given, since you haven't put any choices, so I'm guessing.
Hope that helps!!!! ( Answer: <ol> and </ol> )
Answer:
The $29,000 is the income which does harry report
Explanation:
Special identification allocation method: Under this method, the allocation is done on the basis of days, weeks, etc to know how much inventory is left on the particular date.
First we have to calculate the income of one day so that we can easily compute for the 29 days. The calculation is shown below.
One day income = Total income ÷ Number of days in a year
= $1,460,000 ÷ 365 days
= $4,000
Now,the income is
= one day income × 29 days × rate if interest
= $4,000 × 29 × 25%
= $29,000
Thus, the $29,000 is the income which does harry report
