Answer:
The answer is 6.72%
Explanation:
Calculating the imputed rate from a discount bond as follows:
( 1 + i )^n = FV / PV
( 1 + i )^3 = FV / PV, here FV= 1000 and PV= 727.25
so putting values in equation we have:
( 1 +i )^3 = 1000 / 727.25
( 1 + i )^3 = 1.375
solving for i
( 1 + i) = 1.375^1/3
( 1 + i ) = 1.112
i = 0.112 before tax rate
0.112 * (1 - tax rate) = after tax interest rate
0.112 * .60 = 0.0672 = 6.72%
thus the expected after tax cost of this debt issue is 6.72%
Answer:
B. Is easier to train new employees
Explanation:
Employment specialization is characterized as a procedure of appointing a lot of individuals or people who have extraordinary aptitude in a specific zone to finish the work and train other employees. Job specialization is an effective way that helps to train new employees. It is an effective way to help new employees to work efficiently and effectively.
South Africa reserve bank
Answer:
A breach of contract
Explanation:
A breach of contract occurs when one party fails to follow the terms of a contract