Answer:
Pretax cost of debt is 5.94%
After tax cost of debt is 4.63%
Step-by-step explanation:
The pretax cost of the debt is the yield to maturity on the debt issuance,which can be computed using the rate formula in excel:
=rate(nper,pmt,-pv,fv)
nper is the number of semi-annual interest payments payable by the bond from year 3 onward ,that is the number of years to maturity 12*2=24
pmt is the semi-annual interest payable by the bond issuer which is face value of the bond ,$1000*5%/2=$25
pv is the current price of the bond which 92% of face value i.e 92%*$1000=$920
fv is the face value of the bond at $1000
=rate(24,25,-920,1000)
rate=2.97%
the rate calculated is a semi-annual rate,annual rate =2.97%*2
=5.94%
The pretax cost of debt is 5.94%
After tax cost of debt=pretax cost of debt*(1-t)
t is the tax rate of 22%
after tax cost of debt =5.94%*(1-22%)
=4.63%
Answer:
9 hours
Step-by-step explanation:
25% of 12 is 1/4 of 12.
12/4 is 3.
25% of 12 is 3.
12-3=9
Excuse me but his answer is incorrect. To find the proper rate of change you might have to solve it like you would for slope.
First you would find the points for x = 3 and x = 15 would be (3, 0.08) and (15, 327.68). Then using the slope formula you can find 327.60/ 12. That gives 27.3. So in that case the correct answer is C.
Answer:
0.2 times
Step-by-step explanation:
Saturn: 8.867 × 108 = 957.636
Uranus: 1.787 × 109 = 194.783
You take (Uranus: 194.783)
& you divide it by (Saturn: 957.636)
You should get a funky number like 0.203399830415732 but since they said approximately you only need to use the first 2 (don't forget to round)
That would make Uranus 0.2 times as far from the sun