It depends what for... but If its really important, u would say 50,000
Answer:
c. 32.99%
Explanation:
Risk yield = bond yield*(1 - Federal tax rate)
6.50% = 9.70%*(1 - Federal tax rate)
1 - Federal tax rate = 6.50%/9.70%
Federal tax rate = 1 - 6.50%/9.70%
= 32.99%
Therefore, The federal tax rate that you are indifferent between the two bonds is 32.99%
The property of water that produces water's surface tension is called <u>cohesion</u>, which is the tendency of water molecules to stick together.
More about surface tension:
The force per unit length that must be supplied parallel to the surface in order to balance the net inward pull is known as the surface's "tension."
All nearby molecules in a liquid share the cohesive forces that hold them together. Because they don't have any above-surface neighbours, molecules on the surface exert stronger attractive forces on their closest neighbours below and on the surface.
Due to the cohesive structure of the water molecules, surface tension can be described as the characteristic of a liquid's surface that permits it to resist an external force.
Learn more about surface tension here:
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Answer:
The answer is: $38,429
Explanation:
You need to withdraw 208 payments (52 weeks x 4 years)
Each payment is $200
Discount interest is 0.0769% (4% yearly interest / 52 weeks)
So the present value of the cash flow is: PV = $38,429
The best way to calculate the PV is to use an excel spreadsheet and the NPV formula:
=PV(0.0769%,L1:L208) where L1 to L208 all equal 200
