An authorization to start a business issued by the local government is a business license. A business license allows a person to run a business legally. The license is used for tax purposes with the government and so the government can control and regulate the business on the legal side. If you do not have a business license, then you are a sole proprietor and running the business for tax purposes from your social security number.
Answer:
13%
Explanation:
the new cost of equity = old cost of equity + [(debt / equity) x (old cost of equity - cost of debt)]
the new cost of equity = 12%+ [(20 / 80) x (12% - 8%)] = 12% + 1% = 13%
Since we are in the MM world, taxes do not exist, therefore they are not included in the equation.
Answer:
Specific performance
Explanation:
Based on the information provided within the question it can be said that in this scenario the order that Wally should seek is known as Specific performance. This is a court order which forces the breaching party to perform the agreed upon act, and by doing so complete the agreed upon specifications set forth by the contract. Failure to do so will find the individual in contempt of court.
Answer:
1) 18.4%
2) 27.20%
Explanation:
Solution
To get the Expected return for your fund we have to the percentage of Treasury bill and risk premium. That is,
T-bill rate + risk premium = 6.4% + 12% = 18.4%
Standard deviation of client's overall portfolio = 0.80 × 34% = 27.20%
Answer: $23.57
Explanation:
We are going to use growth dividend discount model to solve the question where Do = Div/r - g
where Po = stock price
Div = Estimated dividend for following period
r = required rae of return
g = growth rate
Po = 3.10/0.15 - 0.0185
= $23.57
