Answer: Strip Mall
Explanation:
According to California real estate laws, there are certain properties that do not have to go through the probate process when the owner dies. These include any <em>assets held in a living trust </em>as well as irrevocable trusts and assets that the now deceased person transferred out of their estate before they died.
As the Strip mall was held in a living trust, it is not to be subject to the probate process.
Answer:
WACC - new project = 6.408% rounded off to 6.41%
Explanation:
The WACC or weighted average cost of capital is the cost of a firm's capital structure. The capital structure can consist of one or more of the following components namely debt, preferred stock and common equity. The WACC is calculated as follows,
WACC = wD * rD * (1 - tax rate) + wP * rP + wE * rE
Where,
- w represents the weight of each component
- r represents the cost of each component
- D, P and E represents debt, preferred stock and common equity
- rD * (1 - tax rate) is the after tax cost of debt
We first need to calculate the WACC of the company and then adjust it for the new project.
WACC = 35% * 3.28% + 65% * 10.4%
WACC = 7.908%
As the new project is less risky and has an adjustment factor of -1.5%, the required rate of return for the new project will be,
WACC - new project = 7.908% - 1.5%
WACC - new project = 6.408% rounded off to 6.41%
Answer:
The periodic interest payment is $6000. So, option A is the correct answer.
Explanation:
The coupon rate that is quoted on the bonds is always the rate for the whole year. Thus, a 4% coupon rate means a rate of interest of 4% for the whole year. The bonds are semi annual bonds which means the interest of 4% for the whole year is paid in two stages, after every 6 months.
The semiannual rate of interest is thus = 4% / 2 = 2%
The coupon is paid on the face value of the bond. The interest payment every six month or the periodic interest payment is,
Interest payment-periodic = 300000 * 0.02 = 6000
If the price of a good produced by a competitive firm increases, then the total revenue of the firm will decrease with the decrease in the quantity sold.
<h3>What is the effect of increase the price under the competitive firm?</h3>
The perfect competitive firm is defined as the competitive firm, means there are many firms present in the industry that sell same commodity at same price.
If any firm increases the prices of their product in the market, its revenue also decreases as the another firms sell the same product at the same price. As a result of that, the total revenue of the firm will increase.
Therefore, the If the price of a good produced by a competitive firm rises, the total revenue of the firm will fall as the quantity sold decreases.
Learn more about the competitive firm, refer to:
brainly.com/question/17241373
#SPJ4
Answer:
d. Sell 210 shares and loan out the proceeds at 8 percent
Explanation:
Since the firm is using 35 percent leverage, Jamie can offset the firm's leverage by selling shares and loaning out 35 percent of her investment at 8 percent interest.
Number of shares to be sold = 600 shares * 0.35 = 210 shares