<span>C) Open Market Operations</span>
Answer:
After tax cost of debt is 4.85%
Explanation:
The starting to computing the after tax cost of debt is to calculate the yield to maturity on the bond .
The yield to maturity on the bond can be computed using the rate formula in excel.
=rate(nper,pmt,-pv,fv)
nper is the time to maturity of 30 years multiplied by 2 since the bond is paying interest on semi-annual basis
pmt is the semi-annual interest receivable by investor which 6.0%/2*$1000=$30
pv is the current market price :$1000*98% =$980 (100-2%),1% deducted for discount,1% for issue cost
fv is the face value of $1000
=rate(60,30,-980,1000)
rate=3.07%
The 3.07% is the semi-annual YTM, whereas the annual YTM 3.07%
*2=6.14%
After tax cost of debt=YTM*(1-0.21)
=6.14%*(1-0.21)
=4.85%
People who work in human services help people overcome obstacles and access services such as counseling, therapy and rehabilitation. They work to improve the lives of those in need who are most in need of these services.
Answer: Option C
Explanation:
The human resource of any company is the most valuable resource as the use of all other resources are dependent on it.
In the given case, the company have acquired a lot of assets over the years, that means the company do not lack in technology and physical resources like machinery etc.
Now the company can gain a competitive advantage by using the expertise of their employees in usage of the assets acquired.
Hence from the above we can conclude that the correct option is C .
Hello. You forgot to show the calculations made by Nico and Lorena. The calculations are shown in the attached figure.
Answer:
Nico is correct because he knew -4/5 is equal to -4/5.
Explanation:
As you can see in the image below, Nico and Lorena had to solve the expression (2) x (1/6) x (-4/5).
In this case, the correct resolution is Noco's resolution, since it has the following resolution steps:
2x1x (-4) / 1x6x5 =
-8/30 =
-4/15
