1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Romashka [77]
2 years ago
14

A bond issued by the state of Alabama is priced to yield 6.40%. If you are in the 30% tax bracket, this bond would provide you w

ith an equivalent taxable yield of _________.
a. 4.48%
b. 7.40%
c. 9.14%
d. None of these options
Business
1 answer:
jek_recluse [69]2 years ago
8 0

If you are in the 30% tax bracket, this bond would provide you with an equivalent taxable yield of c. 9.14%.

<h3>Equivalent taxable yield</h3>

Using this formula

Equivalent taxable yield=Bond price/(1-Tax rate)

Where:

Bond price=6.40%

Tax rate=30%

Let plug in the formula

Equivalent taxable yield= 6.40%/(1 - 0.30)

Equivalent taxable yield=6.40%/70%

Equivalent taxable yield=9.14%

Inconclusion if you are in the 30% tax bracket, this bond would provide you with an equivalent taxable yield of c. 9.14%.

Learn more about equivalent taxable yield here:brainly.com/question/25656290

You might be interested in
Tara and her parents want to save at least $40,000 for college in 8 years. Which statement describes the most effective savings
Minchanka [31]

Tara and her parents should make deposits of $450 every month into a college savings account.


4 0
3 years ago
Read 2 more answers
Which of the following is true of the Discount on Bonds Payable account? The bonds are due inten years.A) It is subtracted from
Aliun [14]

Answer:

A) It is subtracted from the Bonds Payable balance and shown with long-term liabilities on the balance sheet

Explanation:

The discount on Bonds payable, as their name implies, decrease the Bonds Payable carrying value. A bond with discounts, was issued at a lower price than his face value. The discount on bonds represent that difference.

It takes amortization while the time past, until at maturity, their balance is zero, to represent the reality, the obligation for the company is for the face value, so the carrying value of bonds payable should equal the face value.

Last, because the bonds are due in ten-year their place is the long-term liabilities. As their obligation are not within the 12 month period to qualify as short-term

8 0
3 years ago
Fiwrt Corporation manufactures and sells stainless steel coffee mugs. Expected mug sales Fiwrt (in units) for the next three mon
olga55 [171]

Answer:

The number of mugs Fiwrt should plan on producing during the month of November is 35400 units of mugs.

Explanation:

Production unit (november) = Sale unit + Desired ending inventory-Beginning inventory

                                               = 36000 + (34000*30%) - (36000*30%)

                                              = 35400 Units

Therefore, The number of mugs Fiwrt should plan on producing during the month of November is 35400 units of mugs.

8 0
3 years ago
in which model of team development is the ""midpoint"" of the team’s project considered most important?
Stells [14]

According  to Gersick's punctuated team development model is the midpoint of team's project.

<h3>What is Gersick's model?</h3>

Gersick's punctuated equilibrium model suggest that group develop through the sudden formation , maintainence and sudden revision of a framework for performance.

<h3>What are the three stages of group development? </h3>

1) Getting established and transitioning .

2) Connecting and producing .

3) Consolidating and forecasting .

to learn more about Gersick's model click here brainly.com/question/15411700?

#SPJ9

4 0
1 year ago
How can I find a good job???
Semmy [17]
Life guarding is a really good first job for high school students. Start applying to local pools or water parks, whatever you have in your area. I live in vegas and hotels are always looking for lifeguards around this time
3 0
3 years ago
Read 2 more answers
Other questions:
  • Lakeland Inc. employees get 40 hours paid leave each year to pursue volunteer projects. The company runs a service day that host
    7·1 answer
  • People living in rural areas have a victimization rate almost __________ than that of city dwellers.
    6·1 answer
  • Icarus Inc. manufactures fighter planes for the government. It made a strategic decision to outsource the production of wings an
    6·1 answer
  • ABC Inc. has a dividend yield equal to 3 percent and is expected to grow at a 7 percent rate for the next seven years. What is A
    14·1 answer
  • Producers sell goods or services for a profit. True False
    13·2 answers
  • On January 1, 2021, Blair Company sold $800,000 of 10% ten-year bonds. Interest is payable semiannually on June 30 and December
    10·1 answer
  • Which of the following is not usually a right or attribute of preferred stock? a. Having a priority claim in liquidation relativ
    7·1 answer
  • German brothels recently began offering a monthly subscription service for multiple purchasers. If you thought that the brothels
    10·1 answer
  • If gross margin on a product is 25% what is the corresponding markup percentage​
    8·1 answer
  • Family and consumer sciences cooperative extension agent is an example of a job in which career pathway?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!