Answer: 8.85%
Explanation:
GIVEN THE FOLLOWING ;
Municipal bond yield = 5.75%
After-tax rate = 35%
In other to produce the same after tax rate, What should be the yield of the synthetic company bond;
Assume yield on synthetic company bond = SC yield ;
We can connect our assumption using the mathematical relation below;
Municipal bond yield = after tax bond yield
5.75% = SC yield (1 - tax rate)
5.75% = SC yield (1 - 35%)
5.75% = SC Yield × 65%
SC yield = (5.75/65)%
SC yield = 0.08846%
SC yield = 8.85%
Answer:
Dividend yield = 227.06%
Explanation:
Assuming the Closing stock market summary for Baldwin company is $44.05
Dividend yield = Dividend * 100 / (Price* (1 + growth rate) )
Dividend yield = 1.10 * 100 / (44.05 * (1+0.10) )
Dividend yield = 1.10 * 100 / (44.05 * 1.10)
Dividend yield = 110 / 48.455
Dividend yield = 2.2706
Dividend yield = 227.06%
Among salespeople, order takers often represent products that have few options, such as magazine subscriptions and highly standardized industrial products.
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Explanation:</u></h3>
A sales person who only aims in getting new orders and will not take any actions regarding finding new customers or increasing the existing order frequency. He will not aim in the increasing of the sales that already exists. He aims only in money making process.
In the examples given, subscriptions of magazine and highly standardized industrial products are given. When considering these examples, the order takers will only take steps in getting new orders with a few options at their hands.
Answer:
$32 million
Explanation:
Data provided in the question:
Total interest income = $67 million
Total noninterest income = $14 million
Total interest expenses = $35 million
Total noninterest expenses (excluding PLL) = $28 million
Provision for loan losses = $6 million
Taxes = $5 million
Now,
Bank's net interest income = Total interest income - Total interest expenses
= $67 million - $35 million
= $32 million
Answer:
a. $965.74
b. $939.11
Explanation:
In this question we use the Present value formula i.e shown in the attachment below:
1. Given that,
Future value = $1,000
Rate of interest = 6.5%
NPER = 4 years
PMT = $1,000 × 5.5% = $55
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the price would be $965.74
2. Given that,
Future value = $1,000
Rate of interest = 6.5%
NPER = 8 years
PMT = $1,000 × 5.5% = $55
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the price would be $939.11