Answer:
6.54%
Explanation:
Face Value = $2,000
Current Price = 2000 x 99.727% = 1994.54
YTM = 6.56%
We can find the coupon rate by a simple formula
Coupon Rate = (Interest / Face value) x 100
We need to find interest first in order to find coupon rate
YTM = Interest / Current price
6.56% x 1994.54 = Interest
130.84 = Interest
Coupon Rate = (130.84 / 2000) x 100
Coupon Rate = 6.54%
Answer:
B. An online bank has lower operating costs than a retail bank
Answer:
It will increase emigration in the short run, but in the long turn the tax effect will be translated to the club and companies as the players has leverage.
Explanation:
It is a complex question, we have to consider that elite players agents has leverage on the negotiation as the football club wants to keep them in the team. What end up happening is that players negociate a net ammount thus, they are indifferent to the tax-rate for their contract.
We should also consider there is income from advertizing and social media which has increased over the years. Here, the players will also negociate a net amount and company's will take the hit not the players.
I:E the player will want 10 millon net thus, the parties will sing a contract value that after all taxes leaves them with that amount.
<u>Also this make the effort to elude taxes more viable</u> as it happened with Messi and Cristiano Rolando among others.
Answer:
$5,750
Explanation:
Calculation to determine How much of the 2020 dividend was distributed to preferred shareholders
Dividend distributed to preferred shareholders=11500 shares *$10 par non-cumulative preferred stock*5%
Dividend distributed to preferred shareholders=$5,750
Therefore Dividend distributed to preferred shareholders is $5,750