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3 years ago

Attempts to build exporting opportunities abroad through better relationships with other countries is called protectionism.

1 answer:

7 0

That is false because protectionism is menat to restrain or refrain trade between nations using things like fares on imported goods and many other regulations.

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A 4.75 percent coupon municipal bond has 20 years left to maturity and has a price quote of 101.30. The bond can be called in ei

Vladimir79 [104]

Answer:

Answer is given below.

Explanation:

Par value of bond = $ 5000

Coupon rate = 4.75% * 6 / 12 = 2.375% Per period

Term = 20Years *2 = 40 Periods

Current price of bond = Par value * 101.30% = $5,000 * 101.30% = $5,065

Callable price = Par value + Call premium = $5,000 + $5,000 * 4.75% = S5,237.5

Callableterm = 8 Years * 2 = 16 Periods

Couponamountperperiod =Parvalue • Couponrate = $5000*2.375% = $118.75

Current yield = Coupon amount /Current price = $118.75/$5,065 = 0.023445212 = 2.345%Per period Rounded)

Currentyield = 2.345%Perperiod *2 = 4.69%Perannum

YTM = [Coupon amount + (Maturity value - Current price ) / Term] / [(Current price + Maturity value ) /2]

= [$118.75+($5,000-$5,065)/40]/[($5,065+S5,000)/2]

= $117.125 / $5032.5

= 0.023273721 = 2.33%Perperiod

YTM = 2.33% * 2 = 4.66% Per annum

Tax rate = 36%

After tax equivalent yield YTM (1 -Tax rate) = 4.66%(1-36%) = 2.9824% Per annum

Yield to call (YTC) = [Couponamount+(Call price - Current price)/Callable Term/ [(Current price+Call price)/2]

= [$118.75 + ($5,237.5 - $5,065)/16 ] / [($5,065 + $5,237.5)/ 2]

= $129.53125/ $5151.25

= 0.025145596 = 2.515%Per period (Rounded)

YTC = 2.515%2 = 5.03%Per annum (Rounded)

4 0

3 years ago

Read 2 more answers

How much interest, if any, can jaxon deduct in year 0 if his business uses the cash method of accounting for tax purposes?

kaheart [24]

<span>Jaxon can deduct in year 0 if his business uses the cash method of accounting for tax purposes $750 under either cash or accrual method of accounting. Jaxon can only deduct two months of interest ([$4,500/12] Ă— 2) because prepaid interest is not deductible under either method of accounting.</span>

6 0

3 years ago

Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2019, for $300,000. On December 12, 2019, Kevin purchas

Zinaida [17]

Answer:

a. $510.000

b. $22.500 gain

c. $16.785 gain

Explanation:

a. Kevin bought in total 1750 shares, and for it he spent $510.000

So 1 share is $291,43

b. He bought 500 shares 12.12.2018 for $140.000, then he sold those 500 shares for $162.500. Difference is the gain of $22.500

c. Not knowing from which batch of shares did he sell his shares we already know that avg 1 share is $291,43, so 500 share is $145.715 and he has sold 500 shares for 162.500. Difference is the gain of $16.785

8 0

3 years ago

The Oakland Mills Company has disclosed the following financial information in its annual reports for the period ending March 31

Dmitry [639]

Answer:

The cash flows to investors from operating activity is $402,126.25

Explanation:

For computing the cash flow from operating activity, first, we have to compute the net income which is shown below:

= Sales - cost of goods sold - depreciation expense - interest expense - income tax expense

where,

The income tax expense equals to

= (Sales - cost of goods sold - depreciation expense - interest expense) × income tax rate

= $1,430,000 - $816,000 - $175,000 - $89,575) × 35%

= $122,298.75

The other items values would remain the same

Now put these values to the above formula

So, the value would equal to

= $1,430,000 - $816,000 - $175,000 - $89,575 - $122,298.75

= $227,126.25

Now the cash flow from operating activity equals to

= Net income + depreciation expense

= $227,126.25 + $175,000

= $402,126.25

3 0

3 years ago

True or False: Private owners are held responsible for damages their property causes to the property of others.

NNADVOKAT [17]

Answer:

True

Explanation:

The right to private property is a natural right, but that right is of the negative type, that means that the right ends when it affects the rights of other people.

If you own private property, but the use of your private property is damaging the property of others, then, you have to change the way you are using it until the damages no more the other person's property.

If for example you own a house, and play loud music every night, your are infringing your neighbors right to sleep inside their private property (their houses), therefore, you must stop playing the loud music so that you do not damange your neighbors property anymore.

7 0

3 years ago