I won’t write the sentences for you however i can give you some ideas....
1. one of the most important even i think would be in 2007 when apple created the very first mobile internet (this could also apply to you too)
2. what u think will happen in the next 20 years is that we are going to move away from mobile devices and towards maybe a chip in your head or a sort of device something similar to VR
Answer: Noting down of ideas
Explanation: Cedric could note down the ideas and points he remembers on the back of his test booklet. He should first read the question and make short notes of every point he remembers regarding that question.
This strategy will help Cedric to answer the questions while doing the final writing in answer sheet. By doing this he can also improve his speed with accuracy while answering.
Answer:
If a shortage exists in the cantaloupe market, then the current price must be lower than the equilibrium price. For the market to reach equilibrium, you would expect buyers to offer higher prices.
Explanation:
As there is shortage in cantaloupe market ( Supply curve shifts to the left), there are not enough cantaloupe to sell to buyers.
So, buyers will compete for lower supply amount of cantaloupe by willing to pay higher price.
With the existence of supply shortage and buyers is willing to pay higher price, the equilibrium price will goes up, thus it will be higher than the current price.
Answer: D. The investor has no tax liability on distributions received, and the investment company has no tax liability on retained income
Explanation:
Municipal Securities are exempt of Federal taxes and this is what makes them most attractive. An investor in a mutual fund which invests solely in municipal securities will therefore not have any tax liability because their returns would be based on securities that are federally tax exempt. The same goes for any income the Mutual fund intends to retain.
Answer:
see explanation
Explanation:
Weighted Average Cost of Capital (WACC) is the cost of a firm from permanent sources of capital pooled together.
WACC = Cost of equity x Weight of equity + Cost of Debt x Weight of Debt + Cost of Preference Stock x Weight of Preference Stock
where,
Cost of equity = Return on Risk free rate + Beta x Risk Premium
= 9.00 % + 2.5 x (14.00 % - 9.00%)
= 21.50 %
Cost of debt :
<em>similar</em>
N = 7 x 2 = 14
p/yr = 2
pmt = ($787.22 x 8%) ÷ 2 =
fv = $787.22 x number of bonds
pv = $80,000,000
<u>Always use the after tax cost of debt :</u>
after tax cost of debt = interest x ( 1 - tax rate)
