Answer:
Virtually all of the 7 million millionaires in the United States learned how to make smart decisions by doing their homework.
Answer: Option 7.
Explanation:
Answer:
d. The risk of lack of follow-through after selection
Explanation:
As rigorous as the process of selection might be, there is a greater risk of a lack of follow-through after selection.
When working in a team, the following are expected: genuine commitment, flexibility, being reliable, prompt communication, fast adaptability, and lastly among others, being positive.
<u>Answer:</u>
Deregulation is the phenomenon wherein governments signal their intention to leave the market economy to the market forces and not stifle it and constrain it with myriad laws, rules, and regulations. Deregulation entails overseeing and supervising the economy in a manner that would be a hands-off approach combined with oversight over its functioning related to legal and compliance aspects alone. In other words, deregulation means that the governments do not interfere with the businesses in a day-to-day manner and act only when specific complaints against businesses are brought before them. Farther, deregulation also means that governments do not set prices or put in motion price controls leaving the process of determining the best pricing to the market forces of demand and supply. Deregulation has been in vogue in emerging markets or the developing countries ever since the 1990s when these markets began to globalize their economies and open them up to the foreign competition as well as liberalize their economies so that domestic firms can compete without the heavy hand of the state. This response means that instead of the heavy hand of the state, markets are left to work according to the invisible hand of the market economy.
<u>Explanation:</u>
hope this helps you :)
Answer:
After-tax cost of debt is 7.2%
Explanation:
Given:
Coupon rate = 6% or 0.06 per annum.
Semi- annual coupon rate = 0.06÷2 = 0.03
Par value is 1,000
Coupon payment = 0.03×1000 = $30
Time period = 30×2= 60 semi-annual periods
Bond price = $515.16
Pre-tax cost of debt can be computed using excel function 'RATE'
=RATE(nper,PMT,PV,FV)
nper is 60; PMT is 30; PV is -515.16 (cash outflow); FV is 1000
Rate is 6%
Calculation is shown in attached excel snip.
Yield to maturity = 6×2 = 12%
Federal tax rate is 40% or 0.4
After-tax cost of debt = 0.12 (1-0.4)
= 0.072 or 7.2%
Answer:
Answer for the question:
Required Rate of Return As an equity analyst you are concerned with what will happen to the required return to Universal Toddler' stock as market conditions change. Suppose rRF = 4%, rM = 8%, and bUT = 2.2. Under current conditions, what is rUT, the required rate of return on UT Stock?
Round your answer to two decimal places. 12.8 %
Now suppose rRF increases to 5%. The slope of the SML remains constant. How would this affect rM and rUT?
I. rM will increase by 1% and rUT will remain the same.
II. Both rM and rUT will decrease by 1%.
III.Both rM and rUT will remain the same.
IV. Both rM and rUT will increase by 1%.
V. rM will remain the same and rUT will increase by 1%.
Is given in the attachment.
Explanation:
