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kolezko [41]
3 years ago
8

A municipal bond is paying a 6 percent annual yield. An equivalent risk corporate bond is paying 7 percent. Investors with a tax

rate of ________ or higher would prefer the municipal bond.
Business
1 answer:
masha68 [24]3 years ago
7 0

Answer:

14.29% or higher

Explanation:

Municipal bonds interest rates are tax free. Corporate bond rates however are have tac benefits through tax shield.

The formula for aftertax corporate bond rate = pretax rate(1-tax)

pretax rate = 7% or 0.07 as a decimal

aftertax rate(to be indifferent between the two) = 6% or 0.6

In order to be indifferent, the tax rate would be;

0.07 ( 1- tax ) = 0.06

0.07 - 0.07tax = 0.06

0.07 - 0.06 = 0.07tax

0.01 / 0.07 = tax

tax = 0.1429 or 14.29%

Therefore, Investors with a tax rate of 14.29% or higher would prefer the municipal bond.

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You are a project manager leading an IT development project. Halfway through your project, you realize that you need to hire an
aliina [53]

Answer:

The project manager can convince the project sponsors with the following reasons which are,

(1) Telling the sponsors the additional benefits that the team will have once a member enters the team.

(2)Informing the sponsors about the work not completed due to lesser number of workers.

(3)Informing the sponsors the additional benefits that the team  will have once a member enters the team.

For on boarding a new worker the project manager does the following which includes:

(1)it is very necessary  to share the agendas and charters  of the previous meetings of the project to help individuals to familiarize with the project scope and goals.

(2)Having a one one meeting a with the individual and  discussing with him/her about the project and solve his/her issues.

(3) Doing a formal introduction of the new member  to both the project team and stakeholders of the project.

Explanation:

Solution:

In the half way of the project, the project manager can convince the project sponsors in the following ways shown below:

  • Informing the sponsors about the work not completed due to lesser number of workers
  • Informing the sponsors about the delays taking place due to shortage of  members in the team
  • Telling the sponsors the additional benefits that the team  will have once a member enters the team
  • Convincing the sponsors by discussing and talking with him/her the various drawbacks of not having the required  numbers of members in the team.

For getting a new member on board for the project, it is very important to share the agendas and charters and minutes of the previous meetings of the project to enable individuals to familiarize with the project scope and goals.

Secondly, a one one meeting and discussion with the individual must be organized to brief him/her about the project and solve his/her issues.

Finally the new member must be introduced to both the project team and stakeholders of the project.

5 0
3 years ago
Angelica Canizales is the CEO of Mucho Dinero Enterprises. Sales have declined for four consecutive years and the firm's account
Mariulka [41]

Willie appears to be an important part of the informal Organization

Explanation:

The informal organization comes from the purposeful development of a system of interactions. Willie has little influence in the formal association, but love for him in the department of development makes it very important for him to engage in the informal organisation.

The primary role of informal organizations is essentially to preserve people's values and beliefs. If you can socially associate yourself, you always feel a sense of cohesion. As a result, an informal organization has another function that will provide members with social satisfaction.

8 0
3 years ago
Tickets for the historical review of ballroom dancing at the Portsmouth Music Hall cost $42 for the main-floor seats and $25 for
const2013 [10]

Answer:

(a) The cost in dollars of all the main-floor seats that were sold: 42m + 25b. (b) The total number of seats that were sold for the performance: m+b.

Explanation:

Its understood that 1 tickect is equal to 1 seat, therefore the number of seats = number of tickets regardless of the type of seat. With this assumption, the algebraic expressions can be done.

7 0
3 years ago
Pease Answer ASAP. I need help with sources to answer the following question:
cestrela7 [59]

Answer:

No, a college degree can help you earn a better salary but nothing is guaranteed. For example, someone with a college degree earns on average around $50,000 per year, while those with only a high school degree earn around $28,000 (that is almost half of a college graduate).

But the salary you earn is not guaranteed, it might be much higher or it might be zero. If you work hard you might get a raise pretty soon or you can get promoted, but if you are lazy then you can get fired.

The income classification is based on income, not on education. There are people who never graduated from college that are extremely rich, e.g. Bill Gates, Mark Zuckerberg, but they are not the majority. That is why they serve as examples so often. Most rich people actually do have a college degree, but they are rich not because of their college degree, but because of their work.

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3 years ago
Malika just got hired by Amazon to work in upper management. She currently lives in South Carolina, and has to move to Californi
zzz [600]

Answer: Malika's job starts in one month, so she will have one month without work. Therefore, the opportunity cost of moving herself is low during this month.

Explanation:

From the question, we are informed that Malika just got hired by Amazon to work in upper management and that she currently lives in South Carolina, and has to move to California for the job.

A good economic reason for her to move her personal belongings on her own rather than hiring someone else is Malika's job starts in one month, so she will have one month without work. Therefore, the opportunity cost of moving herself is low during this month.

Since her job will start in a month, that means that she can use the available time she has to move her personal belongings. Assuming, she has something else to do or she'll be busy and will be hard for her to move it on her own, then it'll be logical to request for someone to help her move it but in this case, she can move it herself as the opportunity cost is low.

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3 years ago
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