Answer:
D) 12.9%
Explanation:
WACC formula;
WACC = wE*rE + wD*rD(1-tax)
whereby,
wE = weight of equity = 2/3 or 66.67%
rE = cost of equity = 16%
wD = weight of debt = 1/3 or 33.33%
rD = pretax cost of debt = 9%
WACC = (0.6667*0.16 ) + [0.3333*0.09(1-0.35) ]
= 0.1067 + 0.0195
= 0.1262 or 12.62%
Therefore, the after-tax WACC will be closest to 12.9%
The charges would be $10.50 as of the 15th of that current month. Jerrod spent a total of $700. Adjusted Balance Method calculates costs based on the amounts owed/due at the end of the current time period & once any credits or payments have been applied. Multiplying what Jerrod has spent in total & the percentage of interest will give him the balance of interest charges that he can expect to see in addition to the $700 he's spent.
It's also safe to assume the payment on your bill is due on the 16th.
Price of one country's currency expressed in terms of another country's currency.
Exchange rates can be either fixed or floating and are used to describe how much one type of money is worth in another country.
Answer:
The answer is: False
Explanation:
a product can sell if the price is higher or lower than its perceived value, take a market crash for example, many stocks are priced lower than its perceived value but some investors still buy it, or overpriced stocks, people that believe the stock will continue to go up would most likely buy it.
