Answer:
Other things held constant, if a bond indenture contains a call provision, the yield to maturity that would exist without such a call provision will generally be <u>lower than</u> the YTM with a call provision.
Explanation:
That is the correct answer to the question asked about bond indenture.
Answer:
a)
Pre-tax Cost Of Debt = 7.64%
b)
Tax Rate = 40%
Post Tax cost of debt = 7.33% * (1 - 40%) = 4.58%
So Post Tax cost of Debt = 4.58%
Explanation:
Bond Par Value = 12,900,000
Bond Market Price 93% of face value = 11,997,000
Years To maturity = 5.00
Annual Interest 5.9% = 761,100
Formula = [Annual Interest + (Par Value-Market Value) / Years to Maturity] / [(Par value+Market Price*2)/3]
Year To Maturity = [761100 + (12900000 - 11997000) / 5] / (12900000 + 2*11997000) / 3
Year to maturity = 7.33%
For a differentiation strategy to maintain a company's strategic situation and increase its competitive advantage an increase in value creation much surpass the increase in costs.
<h3>How does a differentiation strategy benefit in gaining a competitive advantage?</h3>
Differentiation gives a party two advantages:
-It can allow the firm to charge a premium price for its good or service, should it choose to do so.
-It can help the firm to grow overall need and capture market share from its rival.
A generic strategy attempts to convince clients to pay a premium price for its good or services by supplying unique and desirable features. Using a differentiation strategy suggests that a firm is contesting based on uniqueness, rather than price.
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Answer:
Wildlife conservationists.
Explanation:
Wildlife conservationists are those people who do the practice of protecting wild species and their habitats to prevent species from going extinct. If anyone wants to make a career in Agriculture, Food & Natural Resources, he/she must have to know which species are endangered now and which species might be endangered in the future. Along with this, they must have to understand how those species could be saved from being extinct. After knowing all of these, he/she might select their career as a wildlife conservationist. Among the other three professions which are said in question aren't possible to choose from the side of a person who knows Agriculture, Food & Natural Resources.
