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:
Apologies, but you need to tell me the initial deposit amount in order to solve this.
Step-by-step explanation:
;-; mark brainliest to make you feel better
Answer:
Length of MN = 65.68 feet (Approx.)
Step-by-step explanation:
Given:
Height of NO = 60 feet
Angle ∠M = 66°
Find:
The length of MN
Computation:
Given triangle is a right angled triangle
So,
NO is a perpendicular
MN is hypotenuse
Using trigonometry functions
Sin θ = Perpendicular / Hypotenuse
Sin 66 = NO / MN
0.9135 = 60 / Length of MN
Length of MN = 60 / 0.9135
Length of MN = 65.68 feet (Approx.)
Answer:
I believe there are four terms in this expression.
Answer:
32/0 or infinity
Step-by-step explanation:
Therefore, the answer is 32/0 or infinity.
∞