The Fed's policy tools focuses on required reserve ratio, the discount rate, and open market operations. The required reserve is set by the Fed to determine the required reserve ratio for each type of deposit made. The discount rate is set by the Fed by which interest rates are given out by commercial banks. The open market operation is the purchase or sale of government securities.
Answer:
Explanation:
Pretax cost of debt is the annual rate(YTM) of the bond. Using a financial calculator, input the following to calculate it;
N = 5*2 = 10
PV = -(95% *10,000,000) = -9,500,000
Coupon PMT = (6%/2)*10,000,000 = 300,000
FV = 10,000,000
then compute semiannual rate; CPT I/Y = 3.604%
convert to annual rate = 3.604*2 = 7.21%(this is the pretax cost of debt)
After tax cost of debt is calculated because interest payable on debt has tax shield. The formula is as follows;
Aftertax cost of debt = pretax cost of debt (1-tax)
AT cost of debt = 7.21% (1-0.40)
AT cost of debt = 4.33%
Answer:
Lanny's deductible income = $24,000
Explanation:
Given:
Lanny's payment per month (Wife) = $2,000
Lanny's payment per month (Child) = $5,00
Lanny's deductible income = ?
Computation of Lanny's deductible income :
Lanny's deductible income = Lanny's payment per month (Wife) × 12 month
Lanny's deductible income = $2,000 × 12 month
Lanny's deductible income = $24,000
Note: Payment made for the support of a single child must not be deducted in Gross Income.
Answer:
someone who assists with measuring medication
Explanation:
A pharmist will ask you what your medication that is prescribed by doctors
then an pharmacy tecnician will get the prescribition ready
Answer:
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Explanation: