Answer:
I think you mean Patrick Jørgensen
Explanation:
He is a musical artist and if you don't mean Patrick Jørgensen I'm sorry
The anwser 1,000m/s. Good Luck.
Answer:
option (b) 9.5%
Explanation:
Data provided in the question:
Loan Amount = $2,000,000
Annual interest rate = 9%
Required compensating balance = $100,000
Now,
Effective interest rate(EIR)
= (loan × Annual interest on loan) ÷ (Loan - Required compensating balance)
= ($2,000,000 × 9% ) ÷ ( $2,000,000 - $100,000 )
= ($2,000,000 × 0.09 ) ÷ ( $1,900,000 )
= 0.0947 ≈ 0.095
or
= 0.095 × 100%
= 9.5%
Hence,
the answer is option (b) 9.5%
Answer and Explanation:
B. reduces the number of available job opportunities
Answer:
Weight of debt = 0.2453 or 24.53%
Weight of preferred stock = 0.0486 or 4.86%
Weight of common equity = 0.7061 or 70.61%
Explanation:
The WACC or weighted average cost of capital is the cost of a firm's capital structure. The capital structure of a company can consist of one or more of the following components namely debt, preferred stock and common stock.
To calculate the WACC, we use the market value of each component.
- The market value of debt is$101 million.
- The market value of common equity is 290.7 million
- The value of preferred stock is $20 million
Market value of common equity = 51 * 5.7 = 290.7 million
The weights to assigned to each components are,
Total weight of all components = 101 + 20 + 290.7 = 411.7 million
Weight of debt = 101 / 411.7 => 0.2453 or 24.53%
Weight of preferred stock = 20 / 411.7 => 0.0486 or 4.86%
Weight of common equity = 290.7 / 411.7 => 0.7061 or 70.61%
