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MArishka [77]
3 years ago
11

A municipal bond carries a coupon rate of 5.45% and is trading at par. What would be the equivalent taxable yield of this bond t

o a taxpayer in a 30% combined tax bracket?
Business
1 answer:
podryga [215]3 years ago
4 0

Answer:

7.78%

Explanation:

Equivalent taxable yield can be calculated as follows

Equivalent taxable yield = Coupon rate / 1 - Tax Rate

Equivalent taxable yield= 5.45%/ 1 - 30% x 100

Equivalent taxable yield = 7.78%

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Candidates for depth interviews could include a. current customers. b. members of the target market. c. executives and managers
Romashka [77]

Answer: d. All of these are candidates for depth interviews.

Explanation:

Depth interview is a research technique which is qualitative and involves conducting individual interviews which are very intense with the respondents in order to have their idea regarding certain topics or issues.

Candidates for depth interviews could include current customers, members of the target market and the executives and managers of the company. Therefore, all of these are candidates for depth interviews.

8 0
3 years ago
Return to questionItem 1Item 1 Judy's Boutique just paid an annual dividend of $3.01 on its common stock. The firm increases its
lys-0071 [83]

Answer:

Cost of Equity = 11.30%

Explanation:

Computation Cost for Equity

Using Gordon Model

Market Price = [Dividend × (1 + Growth Rate )] / (Cost of Equity - Growth Rate)

41.08 = [$3.01 × (1 + 0.037)] / (Cost of Equity - 0.037)

41.08 = [$3.01 × (1.037)] / (Cost of Equity - 0.037)

Cost of Equity - 0.037 = $3.12 / 41.08

Cost of Equity - 0.037 = $0.076

Cost of Equity = 0.076 + 0.037

Cost of Equity = 0.1130

Cost of Equity = 11.30%

3 0
3 years ago
The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of mai
Deffense [45]

Answer:

Variable cost per unit= $2.27 per machine hour

Explanation:

Giving the following information:

January 3,041 $4,032

February 3,456 $4,608

March 4,147 $6,912

April 5,184 $9,101

May 3,686 $5,760

June 5,322 $9,216

To calculate the unitary variable cost, we need to use the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (9,216 - 4,032) / (5,322 - 3,041)

Variable cost per unit= $2.27 per machine hour

3 0
3 years ago
JLK is a partnership that was formed two years ago for the purpose of creating new fad items and distributing them directly to c
arsen [322]

Answer:

The correct answer is E. Initial public offering.

Explanation:

An Initial Public Offering (IPO) is an equity offering where a <u>private company</u> or '<u>issuer</u>' decides to <em>go public for the first time</em>. This is a big step for companies to raise capital through public investors, get access to better and more credit and further grow a company. To go through with an IPO, a company must meet the requirements of the Securities and Exchange Comission (SEC).

The process is made with the help of one or more <u>investment banks</u> that act as <u>underwriters</u>. Underwriters take care of the offering from the beginning to the end of the IPO by preparing documentation, providing proposals on selling price, amount of shares & timeframe for the market offering, marketing campaigns and going through the issuing process.

5 0
3 years ago
The computerization of the layout and paste-up process further complicated printing, as did the digitizing of photographs. a. Tr
Anna35 [415]

Answer:

The correct answer is letter "A": True.

Explanation:

Digitizing photographs complicated printing since it pushed printers' manufacturers to invest more in their development teams to create high-quality image printing devices. This was originated as a result of the spread of the paste-up process which allowed individuals to attach almost any image to their documents for printing purposes.

6 0
3 years ago
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