Answer:
Pretax cost of debt is 5.94%
After tax cost of debt is 4.63%
Step-by-step explanation:
The pretax cost of the debt is the yield to maturity on the debt issuance,which can be computed using the rate formula in excel:
=rate(nper,pmt,-pv,fv)
nper is the number of semi-annual interest payments payable by the bond from year 3 onward ,that is the number of years to maturity 12*2=24
pmt is the semi-annual interest payable by the bond issuer which is face value of the bond ,$1000*5%/2=$25
pv is the current price of the bond which 92% of face value i.e 92%*$1000=$920
fv is the face value of the bond at $1000
=rate(24,25,-920,1000)
rate=2.97%
the rate calculated is a semi-annual rate,annual rate =2.97%*2
=5.94%
The pretax cost of debt is 5.94%
After tax cost of debt=pretax cost of debt*(1-t)
t is the tax rate of 22%
after tax cost of debt =5.94%*(1-22%)
=4.63%
Answer:
£336 more
Step-by-step explanation:
2100/5 = 420 One fifth of the total lottery.
Colin has four shares so 4X420 = 1680
He then splits it into 10 (2+3+5) parts. 1680/10=168
Wife: 168X5=840
Son: 168X3=504
Wife-Son 840-504=336
Answer:
c. 198 square feet
Step-by-step explanation:
Based on the picture I'm thinking the length of each line segment is 3ft, so each 'tile' on the surface of the figure is 9sqft.
Looking at the figure from the front and back you would see 4 tiles from each direction, same from the top and bottom (so far we have front + back + top + bottom = 4 + 4 + 4 + 4 = 16 tiles)
Looking directly from either side you would see 3 tiles each way, for 6 more tiles total, so the total number of tiles covering the figure is 16 + 6 = 22 tiles
Each tile is 9sqft, so total area is 22(9) = 198 sqft
Answer:
im 70% sure that its D
Step-by-step explanation:
I hope i helped sorry if im wrong :D
Answer:
x is equal to 2
Step-by-step explanation:
2x+4=8
2x=4
x=2
