Answer:
An insurance premium is the amount of money an individual or business pays for an insurance policy.
Explanation:
Brainliest please i need it to level up.
The coupon rate must be set at 9.77%
The after-tax return on the bonds is:
= Annual payment rate * ( 1 - tax rate)
= 8.1% * ( 1 - 40%)
= 4.86%
The investors would like an after-tax return on preferred stock that is more than their bond return by 1% so they would like a preferred return of:
= 4.86% + 1%
= 5.86%
If the Preferred must be issued at par, its coupon rate must be equal its before-tax yield:
= After tax yield / ( 1 - tax rate)
= 5.86% / ( 1 - 40%)
= 9.77%
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Answer:
Although consumer and producer surplus changes are the same under quotas and tariffs, tariffs are preferable because the government can redistribute the tariff revenue to offset most of the deadweight loss.
Explanation:
Answer:
Promissory Estoppel
Explanation:
Promissory estoppel states that a person who has promised to fulfill a contract cannot go back on the promise even if consideration was yet to be given. The affected party can file suit against the party who refused to fulfill his promise and can claim damages.
Promissory estoppel was created to protect parties under contract from incurring damages due to backing off by the other party. Here, Suzy can sue George on the basis of promissory estoppel.
Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.
<h3>What is an
inflation? </h3>
An inflation means a persistent rise in general level of goods and service in a particular year.
- Inflation affects consumer spending because the purchasing power of currency reduces
- Inflation affects discount rates
- Inflation results to rising price of goods and services
- Inflation gives the overall economy a hard time
In conclusion, an Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.
Read more about Inflation
<em>brainly.com/question/777738</em>
