Answer:
6.64%
Explanation:
The pretax cost of debt is the Yield to Maturity (YTM). Since the coupons are paid semiannually, adjust the duration and the coupon payment amount to semi-annual terms.
You can solve for the YTM using a financial calculator with the following inputs;
Maturity of the bond; N = 20*2 = 40
Face value ; FV = 1000
Semi-annual coupon payment ; PMT = (7%/2)*1000 = 35
Current price of the bond; PV = -1.04*1000 = -1040
Then compute the semiannual interest rate ; CPT I/Y = 3.318%
Therefore, pretax cost of debt; YTM = 3.318 *2 = 6.64%
Explanation:
Over the years veterinary professionals have played significant and contributory roles in animal and human health and welfare, biomedical research, food quality, food safety, food security, ecology, ethology, epidemiology, microbiology, parasitology, pathology, physiology, psychology, radiology, research and development of pharmaceuticals, remedies, vaccines, and toxicology; also as educators, trainers, and policymakers, and also interlinked with wildlife conservation efforts and the protection of the environment and biodiversity. As challenges have risen, veterinarians have found ways to adapt given that their knowledge and training makes them multifunctional professionals. This aids societies so that its animals stay healthy and productive. It is not surprising that becoming a veterinarian is a highly popular career choice.
Answer:
there is 7 left for the compasitating volume for the number question from intelligence fortailing the answer now is 7.5 7.5 final ur welcome bot