Answer:
After tax cost of debt is 4.96%
Explanation:
In order to compute the after-tax cost of debt, the yield to maturity to maturity which is pre-tax cost of debt needs to determined first of all using the rate formula in excel as provided below:
=rate(nper,pmt,-pv,fv)
nper is the time to maturity of the bond which is 20 years
pmt is the annual coupon receivable by investors $1000*5%=$50
pv is the current price of the bond less flotation cost per bond i.e($684.5-$50)=$634.5
fv is the future value of $1000 per bond
=rate(20,50,-634.5,1000)
rate=9.01%
after tax cost of debt=rate*(1-tax rate)
=9.01%
*(1-0.45)
=4.96%
Speaking each word in your head as you read is called...
Reading in your head
The market environments made up of consumers and companies is the traditional marketplace, and the other is the marketspace.
<h3 /><h3>What is the marketplace?</h3>
Corresponds to the market where exchanges, transactions and negotiations of products and services between individuals and organizations are carried out.
Therefore, through the marketplace and marketspace, economic transactions are carried out and determined by the law of supply and demand.
Find out more about marketplace here:
brainly.com/question/25689913
Answer: Participation
Explanation:
Participation financing is a firm of financing whereby a loan is shared by several parties because such loans are too huge and a party cannot take the loan alone.
Since we are informed that works for a life insurance company that funds commercial investment projects and often insures these projects by insisting on an equity position, this means that participation financing is being practiced.
Answer:
C) Yes, Elisa can file a tax return
Explanation:
As in the given situation Elisa could file a tax return as she is considered to be dependent as her age is less than 24 years also her income is lower than the taxable income so she can file her return herself in order to claim the return
Therefore as per the given situation the option c is correct