Answer:
7.52%
Explanation:
First and foremost ,the yield to maturity on the old issue is computed using the rate formula in excel as calculated below:
=rate(nper,pmt,-pv,fv)
the nper is the number of times the bond would pay annual coupon interest of $106,which is 20 times
pmt is the amount of annual coupon payment which is $106
pv is the current price of the bond at $860
fv is the face value of the bond at $1000
=rate(20,106,-860,1000)=12.54%
The yield to maturity on the new issue is 12.54% as well
after-tax cost of debt=pretax cost of debt*(1-t)
pretax cost of debt is yield to maturity of 12.54%
t is the tax rate of 40% or 0.4
after-tax cost of debt=12.54%
*(1-0.4)=7.52%
Answer:
The total amount of interest paid on all three loans is 8,748.
Explanation:
Each person has borrowed 5,000 for the same period and with the same interest rate. However, the repayment is made differently by each person.
We calculate the interest paid by each person, and then sum up the three interest payments.
Seth pays = [5000 x (1 + 0.12/2)^10] - 5000 = 3,954
Janice pays = 5,000 X 0.06 x 10 = 3,000
Lori pays = [(5,000 x 10) / 7.36] - 5,000 = 1,794
Total interest payment = 3,954 + 3,000 + 1,794 = 8,748
Answer:
TRUE
Explanation:
The integration of countries from the same region into a trade bloc has the purpose of free movement of goods and services among lower-priced member countries. This is because from integration, countries give up tariffs and customs barriers, allowing products to be marketed to everyone at a lower cost, aiming at the common good. If countries use the same currency, the benefits of integration are even greater as they eliminate currency conversion costs.An example of this type of integration is the European Union, where products move freely between member countries and are sold in the same currency, the euro.
Answer:
correct option is here B. About 14.3
Explanation:
given data
running sum of forecast errors RSFE = 500
mean absolute deviation MAD = 35
solution
we get here tracking signal that is express here as
tracking signal = 
.................................1
put here value and we will get tracking signal
tracking signal = 
tracking signal = 14.3
so correct option is here B. About 14.3
Answer:
What experience do you have in this field of work?
Why do you think you're a good fit for this company/job position?
Explanation:
