Dee's credit card has an APR of 17%, calculated on the previous monthly

A bond has a coupon rate of 6 percent and the bond makes semiannual coupon payments. The dollar amount of coupon interest receiv

vitfil [10]

Answer:

Explanation:

1. ) A bond that pays coupons is referred to as a coupon paying bond while that which doesn't pay coupons is known as a Zero-coupon bond.

The bond you are given bond has an annual coupon rate of 6% paid semiannually means that it will pay (6% / 2) = 3% every 6 months.

Semiannual coupon payment = semiannual coupon rate * Face value

The standard face value of a bond is $1000, therefore,

Semiannual coupon payment = 3%*1000 = $30

2.) WACC is weighted average cost of capital that takes into consideration the leverage effects of adding debt into a company's capital structure.

The formula for calculating WACC = wE*rE + wD*rD(1-tax)

wE = weight of equity = 250,000,000/1,000,000,000 = 0.25 or 25%

rE = cost of equity = 15% or 0.15 as a decimal

wD = weight of debt = 750,000,000/1,000,000,000 = 0.75 or 75%

rD = pretax cost of debt = 12% or 0.12 as a decimal

WACC = (0.25 *0.15) + [ 0.75*0.12(1-0.35) ]

= 0.0375 + 0.0585

= 0.096 or 9.6%

Therefore, WACC is 9.60%

5 0

3 years ago

Select the primary places where county programs get their money.

RSB [31]

Answer:

state government

Explanation:

Counties, towns, and cities collect their money mostly from taxes and fees charged to enterprises. The State government is in charge of collect taxes such as income, sales, and property taxes.

7 0

3 years ago

PLEASEE HELPV Question 21 (Multiple Choice Worth 5 points) (04.09 LC A paid position with specific duties, tasks, and responsibi

maks197457 [2]

Answer:

Job

Explanation:

A job is regular work that an individual does to make money. It is a position of full-time or part-time employment, piece of work, or a specific task that is to be undertaken. The primary motivation for undertaking a job is to be paid.

A job entails assuming responsibilities and duties as detailed in the job description.

5 0

3 years ago

If we can determine using statistical analysis that two different sets of events are aligned, we can call those events ________.

NemiM [27]

If we can determine using statistical analysis that two different sets of events are aligned, we can call those events as correlated. The event correlation is a method for creation of sense of a large number of events and identifying the few events that are certainly significant in that mass of data. This is able by observing for and evaluating relations among events.

3 0

3 years ago

Larry was accepted at three different graduate schools, and must choose one. Elite U costs $50,000 per year and did not offer La

Monica [59]

Answer: $15,000

Explanation:

Given that,

Elite U:

Costs $50,000 per year

Larry values attending Elite U = $60,000 per year

State College:

Costs = $30,000 per year

Offered Larry an annual scholarship = $10,000

Larry values attending State College = $40,000 per year

No Name U:

Costs = $20,000 per year

Offered Larry a full annual scholarship = $20,000

Larry values attending No Name = $15,000 per year

Larry gets economic surplus from:

Elite U = $60,000 - $50,000

= $10,000

State college = $40,000 + $10,000 - $30,000

= $20,000

No Name U = $15,000 + $20,000 - $20,000

= $15,000

State college > No Name > Elite U

Therefore, the opportunity cost of attending State college is the value of the next best alternative that is No Name U.

Hence, the opportunity cost is $15,000.

3 0

3 years ago