Answer:
5.75%
Explanation:
Firstly, we need to find the yield-to-maturity (YTM) of current outstanding bond as below:
Bond market price = Coupon/(1 + YTM) + Coupon/(1 + YTM)^2 + Coupon/(1 + YTM)^3 +...+ Coupon/(1 + YTM)^20 + Face value/(1 + YTM)^20, or:
1,382.73 = 130/(1 + YTM) + 130/(1 + YTM)^2 + 130/(1 + YTM)^3 +...+ 130/(1 + YTM)^20 + 1,000/(1 + YTM)^20
Solve the equation, we get YTM = 8.85%.
So, if he company wants to issue new debt, its after-tax cost of debt is 8.85% x (1 - 35%) = 5.75%
The answer is modified purchasing decision. It is because in this type of method, James is set to change a particular thing, quantity or quality, to be able to produce or get something more better in which is indicative of his problem above of having to decide to buy a new bicycle because he has an old one.
A clearly written policy manual is the most important factor in maximizing the positive effects of a diverse workforce.
<h3>What is Diversity?</h3>
This is defined as a state of having differing elements or background in a place. This leads to having lots of differences which can be effectively managed.
In a workplace, the best way to maximize its positive effects is by ensuring a clearly written policy manual so as to prevent conflicts.
Read more about Diversity here brainly.com/question/1136627
I think it might be true, I’m so sorry if I’m wrong
Answer:
$370,000
Explanation:
The computation of the reproduction cost of the building is shown below:
= Market value of the subject property + accrued depreciation - the added value of the site
= $400,000 + $50,000 - $80,000
= $370,000
We simply added the accrued depreciation expense and deducted the added value of the site from the market value of the subjected property so that the accurate value can come.
