Answer:
before tax corportate bond equivalent: 11.15%
Explanation:
The municipal bond are tax-free making them more attractive than normal corporate bonds.
thus, the municipal bond rate should be compare with the after tax rate of a corporate bond:
before tax rate ( 1 - tax rate) = after tax rate
<u>For this case:</u>
the after tax rate is 7.25%
and the tax bracket is 35%
before taxes ( 1 - 0.35) = 0.0725
0.0725/.65 = 0,1115384 = <em>11.15%</em>
Answer:
To calculate the amount of interest that Cecil was charged we can use the following formula:
interest charged = (APR / 365) x 30 days x adjusted balance
where:
Adjusted balance = previous balance – current payments = $340 - $150 = $190
interest charged = (19% / 365) x 30 x $190 = $2.97
Answer:
Stated interest rate
Explanation:
The stated interest rate is the rate of interest in which the value of the cash interest that has to paid on each date of interest
The value of the cash interest paid could be determined by applying the following formula
= Face value of the securities × Stated interest rate
Therefore as per the given situation, the stated interest rate is the answer and the same is to be considered
<u>Answer</u>:
<u>The categories includes</u>
- <u>Dresses,</u>
- <u>Jeans,</u>
- <u>Skirts</u>
Explanation:
Noteworthy, is the fact that the most common advertising and promotional activities in the marketing of women's apparel involves the use of fashion models.
models are trained fashion experts who represent fashion brands, they showcase how these dresses, jeans and skirts will look on women's body through their own bodies.
Answer
The answer and procedures of the exercise are attached in the following archives.
C. Allow more FDI, because the resulting technology transfer would bring increased efficiency and
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.