Answer: 7.43%
Explanation:
The yield to maturity simply refers to the total return that is expected on a bond as long as the bond is held till it matures.
In this case, since the investor is indifferent between this municipal bond and an otherwise identical taxable corporate bond, the yield to maturity of the corporate bond will be:
4.83% = Corporate bond YTM × ( 1- 35%)
4.83% = Corporate bond YTM × 65%
Corporate bond YTM = 4.83% / 65%
Corporate bond YTM = 0.0483/0.65
Corporate bond YTM = 7.43%
The yield to maturity of the corporate bond is 7.43%
Answer:
Extrinsic value is the portion of the worth that has been assigned to an item by external factors.
Hope this helped a little!
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Answer:
b. Company Name's Return Policy
Explanation:
In E commerce, A good refund or return policy can help protect your company and win your customers’ trust, but making sure your language is clear and concise is extremely important.
According to study, over 60% of customers review a Return/Refund Policy before they make a purchasing decision.
It is the single most important agreement that e-commerce store needs to have as it can affect its customer retention rate.
