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Schach [20]
3 years ago
14

curtis invests $800,000 in a city of Athens bond that pays 10.00 percent interest. Alternatively, Curtis could have invested the

$800,000 in a bond recently issued by Initech, Incorporated that pays 12.50 percent interest with similar risk as the city of Athens bond. Assume that Curtis's marginal tax rate is 24 percent. If Curtis invested in the Initech, Incorporated bonds, what would be his after-tax rate of return from this investment
Business
1 answer:
vodomira [7]3 years ago
4 0

Answer:

9.5%

Explanation:

The computation of the after tax rate of return is shown below:

But before that first determine the following calculations

The interest income earned

= $800,000 × 12.50%

= $100,000

Now After tax interest income is

= $100,000 × (1 - 0.24)

= $76,000

Now

After tax rate of return on investment is

= ($76,000 ÷ $800,000) × 100

= 9.5%

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The primary function of "Institutional Review Boards" and other similar groups is to:____________.
3241004551 [841]

Answer: 3. decide whether to approve or disapprove research studies involving the use of human participants.

Explanation:

Under FDA regulations, an Institutional Review Board is a group convened with the authority to review and monitor biomedical research involving human beings as subjects.

The IRB has the authority to approve, require modifications in (to secure approval), or disapprove research and this serves a very important role in the rights and welfare protection of human research subjects.

4 0
4 years ago
Sending the product out to test families is a form of rev: 01_09_2015_QC_CS-37293 Multiple Choice idea generation. market testin
Pavlova-9 [17]

Answer: Market testing

Explanation:

Market Testing a very important part of the product development and marketing process. It helps a company find out what its potential market thinks of a certain product before it is released in full so that a company will know whether to release it in full or tweak some aspects that are problematic.

Market testing therefore involves sending samples of the new product to various types of customers who are potentials to enable them assess the product. Th product might be garnered towards serving families so it was sent to families as a form of market testing.

5 0
3 years ago
Why might someone choose to use itemized deductions instead of taking the standard deduction offered by the​ irs?
krek1111 [17]
If you have a lot of deductions compared to a typical W2 tax payer you may itemize instead of standard deduct. An accountant can help determine which is best to file. In most cases, those who itemize have a mortgage, extra medical expenses that exceed a percentage of your adjusted gross income, W9 (contractor/work from home positions), have paid large interest and/or have donation a lot throughout the year. 
7 0
4 years ago
Under the (GLBA) privacy rule, why is it important to differentiate between a consumer and a customer?
enot [183]

Answer:

D. Only customers receive a financial institution privacy notice automatically

Explanation:

Let us take an illustration of all the points, primarily A is inaccurate because simply customers acquire a financial institution's privacy note directly. B and C are unreliable because, depending on the bank's privacy practices, both consumers and customers may have rights under the law and be able to opt-out. So, the answer will be D as we know that, the Privacy Rule demands thou to provide a note to each of your "customers" regarding your privacy systems.

3 0
4 years ago
14. Suppose that the production of $1 million worth of steel in Canada requires $100,000 worth of taconite. Canada’s nominal tar
VMariaS [17]

Answer:

The effective rate of protection for Canada’s steel industry is 21%

Explanation:

The computation of the effective rate is shown below:

Steel percentage = (Production worth of steel) ÷ (Taconite worth)

                             = ($1,000,000) ÷ ($100,000)

                             = 10%

And the tariff rate for steel is 20%

And the taconite percentage is 10%

So, the effective rate would be equal to

= Tariff rate for steel + taconite percentage × steel percentage

= 20% + 10% × 10%

= 20% + 1%

= 21%

7 0
3 years ago
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