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alexgriva [62]
3 years ago
15

Jacob Company sold a $1,000 par value, non-callable bond that has 20 years to maturity and a 7.00% annual coupon that is paid an

nually. The bond is issued for $925, and the company’s tax rate is 40%. What is the component cost of debt for use in the WACC calculation?

Business
1 answer:
ratelena [41]3 years ago
5 0

Answer:

4.64%

Explanation:

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indicators that the local currency is also the functional currency include all of the following except:
Alchen [17]

Indicators that the local currency is also the functional currency include all of the following except the parent typically provides the financing or provides a guarantee.

A functional currency is one that is utilized in the main economic setting in which a company conducts business. This is the setting in which an entity generates and spends money most frequently. When defining the functional currency of an entity, the following key considerations should be taken into account:

The principal currency influencing retail prices (usually the currency in which prices are denominated and settled).

The money of the nation whose laws and competition have the biggest impact on retail pricing.

The principal currency affecting labor expenses and other costs of goods sold (usually the currency in which prices are denominated and settled).

The currency in which an entity keeps its operating receipts and the currency in which debt and equity instruments are issued are less important deciding factors.

Know more about functional currency here:

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6 0
1 year ago
When an investigation shows that ill people have something in common to explain why they all got the same illness, the group of
FromTheMoon [43]

Answer:

Outbreak

Explanation:

Outbreak has been defined as the sudden increase in occurence of a particular disease in a specific period of time and at a specific place. When people have something in common to explain why they all got thesame illness, it is called an outbreak. Any disease becomes an outbreak when it occurs in greater numbers than expected for a given region or community during a specified period of time or season.

7 0
3 years ago
what is the term for a group of project activities that are assigned to a single organizational unit?
ElenaW [278]
Product-service bundling is adding Value-added services to a firm's product offerings to create more value for the customer.
5 0
2 years ago
You have just won the multi-state lottery jackpot of $500,000,000! you have the option of receiving a check for $25,000,000 ever
tekilochka [14]

(10,000,000) / (20) = 500,000

(10,000,000) * (0.069) = 690,000 in taxes.

So (10,000,000) - (690,000) = 9,310,000 in a lump sum.

In 20 payments it would be $500,000 minus the taxes.

($500,000) - [(690,000)/(20)]

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One lump sum would be $9,310,00. If they don't charge you taxes if you get the 20 payments per year, you would get $500,000. If you're charged taxes you'd get $465,500 per year.

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2 years ago
The ______ must decide which tasks should be done in-house and which tasks should be done by subcontractors or consultants.
vitfil [10]

The answer to the blank space of the statement is project manager.

A project manager is a person whose <u>main responsibility is to manage the planning, procurement, and execution of a project from start to finish</u>. This also includes determining what milestones can be managed in-house (by people inside the company) or should be done by subcontractors or consultants.

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3 years ago
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