Answer:
After tax cost of debt is 7.69%
Explanation:
The after tax cost of debt can be computed by first of all determining the pre-tax cost of debt .
The pre-tax of debt is the yield to maturity computed using the rate formula in excel as follows:
=rate(nper,pmt.-pv,fv)
nper is the number of times the bond would pay coupon interest over the entire bond life ,which is 15 years multiplied by 2=30
pmt is the semi-annual interest which is $1000*8.9%/2=$44.5
pv is the current price of the bond at $962
fv is the face value of the bond at $1000
=rate(30,44.5,-962,1000)=4.69%
this is the semi-annul yield ,annual yield is 9.38%
The 9.38% is the pretax
after tax cost of debt=9.38%*(1-0.18)=7.69%
0.18 is the 18% tax rate
Utilitarianism is a personal moral philosophy which id being used in this scenario.
<h3>What is Utilitarianism?</h3>
This is the morality that advocates actions that foster happiness or pleasure and maximizes wellbeing of individuals.
The manager believing that the benefits of a choice exceed the costs is ethicalk as result of her having more profit which will maximize the company' wellbeing.
Read more about Utilitarianism here brainly.com/question/2642866
Answer:
Jones is right in this lawsuit
Explanation:
Arbitration is the process by which disputes are settled between parties. When there is a disagreement between parties an arbitrator comes in to give a fair and unbiased view of the situation.
A solution that is agreed to by all parties is agreed upon to settle.
In this scenario where Jones is filing a lawsuit against BigMoney LLC for violating the Securities Exchange Act by engaging in fraudulent excessive trading, this is a violation of the law and not a dispute between parties.
So the arbitration clause is is not binding and the arbitration clause should be nullified.
Answer:
I'm on here most of the time.
Explanation:
If you'd like, I'll try to answer all of your questions! Just give me the word. :)
Answer:
the main danger with taking out a payday loan is that you may quickly get trapped in a cycle of debt ,although altho payday loan is normally for a fairly low sum of money, such as £200, it is easy to get trapped in a cycle of taking a new loan out every month to cover the same or increased shortfall
