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denpristay [2]
3 years ago
13

A municipal bond has a coupon rate of 5.11 percent and a YTM of 5.41 percent. If an investor has a marginal tax rate of 35 perce

nt, what is the equivalent pretax yield on a taxable bond
Business
1 answer:
Anettt [7]3 years ago
3 0

Answer:pretax yield = 5.11 x 1.35 = 6.8985 = 6.90%

Explanation:

a pretax yield is a yield that a taxable bond must have in order for the yield to equal to a yield of a bond that is tax free

pretax yield = 5.11 x 1.35 = 6.8985 = 6.90%

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If a consumer believes that the price of the good will be higher in the future he is more likely to purchase the good now. If the consumer expects that her income will be higher in the future the consumer may buy the good now. In other words positive expectations about future income may encourage present consumption.
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Marco wants to cancel his department store credit card so he threw it away after he paid last month's balance. Was this a good i
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Answer:

1. No, becuase someone could steal it.

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Explanation:

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3 0
3 years ago
Franklin, Inc uses activity-based costing. The company produces X and Y. Information relating to the two products is as follows:
zvonat [6]

Answer:

A. $192,000

Explanation:

The computation of the labor related overhead cost is shown below:

= (Labor related overhead cost) ÷ (Total direct labor hours) × direct labor hours of X

= ($480,000) ÷ (16,000 hours + 24,000 hours) × 16,000 hours

= $192,000

hence, the correct option is A.

7 0
2 years ago
On January 2, 20X1, Cole Co. signed an eight-year noncancelable lease for a new machine, requiring $15,000 annual payments at th
zvonat [6]

Answer:

Cole should record amortization expense for the leased machine at $9,000.

Explanation:

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Depreciation (amortization) expense for the leased machine in  first year= ($108,000 - 0)/12

Depreciation (amortization) expense for the leased machine in  first year= $ 9,000

Therefore, Cole should record amortization expense for the leased machine at $9,000.

7 0
3 years ago
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