subject
Business, 11.09.2019 05:30 KevinReed6444

Fergie has the choice between investing in a state of new york bond at 5 percent and a surething inc. bond at 8 percent. assuming that both bonds have the same nontax characteristics and that fergie has a 30 percent marginal tax rate, what interest rate does the state of new york bond need to offer to make fergie indifferent between investing in the two bonds?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 19:20
Chester has a credit score of 595 according to the following table his credit rating is considered to be which of these
Answers: 1
question
Business, 22.06.2019 00:00
1tanner invested $135,000 cash along with office equipment valued at $32,400 in the company in exchange for common stock. 2 the company prepaid $7,200 cash for 12 months’ rent for office space. (hint: debit prepaid rent for $7,200.) 3 the company made credit purchases for $16,200 in office equipment and $3,240 in office supplies. payment is due within 10 days. 6 the company completed services for a client and immediately received $2,000 cash. 9 the company completed a $10,800 project for a client, who must pay within 30 days. 13 the company paid $19,440 cash to settle the account payable created on april 3. 19 the company paid $6,000 cash for the premium on a 12-month insurance policy. (hint: debit prepaid insurance for $6,000.) 22 the company received $8,640 cash as partial payment for the work completed on april 9. 25 the company completed work for another client for $2,640 on credit. 28 the company paid $6,200 cash in dividends. 29 the company purchased $1,080 of additional office supplies on credit. 30 the company paid $700 cash for this month’s utility bill. prepare general journal entries to record these transactions. 2. post the journal entries from part 1 to the ledger accounts.
Answers: 2
question
Business, 22.06.2019 08:50
Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4
Answers: 2
question
Business, 22.06.2019 10:10
Rats that received electric shocks were unlikely to develop ulcers if the
Answers: 1
You know the right answer?
Fergie has the choice between investing in a state of new york bond at 5 percent and a surething inc...
Questions
question
Mathematics, 27.12.2020 21:00
question
Law, 27.12.2020 21:00
question
Mathematics, 27.12.2020 21:00
question
Mathematics, 27.12.2020 21:00
question
History, 27.12.2020 21:10
Questions on the website: 13722362