The equivalent pre-tax yield on a taxable bond is 8.77%. A municipal bond has a coupon rate of 5.02 percent and a YTM of 5.35 percent.
If an investor has a marginal tax rate of 39 percent, the equivalent pre-tax yield on a taxable bond can be calculated by using the following formula:
e = m / (1 - t)
where, e is the equivalent pre-tax yield on a taxable bond,
m is the yield on the municipal bond,
t is the investor's marginal tax rate
Substitute the given values in the formula and solve:
e = 5.35 / (1 - 0.39)e = 5.35 / 0.61e = 8.77%
Therefore, the equivalent pre-tax yield on a taxable bond is 8.77%. Hence, the main answer is 877%.
The above calculation can be understood as follows:
If an investor invests in a taxable bond, the yield earned is taxable, which means the investor would have to pay taxes on the interest earned from the bond. However, if the investor invests in a municipal bond, the interest earned is tax-exempt. Therefore, to make a fair comparison between the two, the pre-tax yield on a taxable bond is calculated to make it equivalent to the yield earned on a tax-exempt municipal bond.
Learn more about marginal tax rate: https://brainly.com/question/30404864
#SPJ11
Just take the points ;-; I'm done here
what is 2+2
What is an inspection of a filer's tax return by the IRS called?
Answer:
Audit
Explanation:
When the IRS inspects a filed tax return it is called an Audit
Which of the following does NOT explain the rise of the modern farming system?
a) The cost of labor varies from country to country.
b) Small farms are usually more profitable than large farms.
c) Irrigation contributes to greater crop yields.
d) Fertilizers improve crop yields and are easy to apply.
e) Mechanization facilitates monocropping and improves profits.
The answer is b) Small farms are usually more profitable than large farms. The other options listed cost of labor, irrigation, fertilizers, and mechanization.
The cost of labor varying from country to country influences farming decisions, as countries with lower labor costs may opt for labor-intensive farming methods. Irrigation is known to contribute to greater crop yields by providing consistent water supply, while fertilizers enhance crop yields by providing essential nutrients. Mechanization, such as the use of machinery and equipment, facilitates monocropping (cultivating a single crop) and improves efficiency and profitability. However, the statement that small farms are usually more profitable than large farms is not an explanation for the rise of the modern farming system.
Learn more about modern farming system here:
https://brainly.com/question/2664195
#SPJ11
Which words means finds its food; a consumer.?
Answer:
The word that means finding its food is hunting
The debt-to-income (DTI) ratio of a borrower is used to compare to the borrower's gross monthly income.
a monthly credit expenses (credit cards and loans)
b. monthly debt expenses from loans (home, personal, auto, student)
c. monthly housing expenses (rent or mortgage, homeowner's insurance, property tax, utilities)
d. monthly living expenses (rent or mortgage, property tax, mortgage insurance, minimum credit
card payments, and monthly loan payments)
Please select the best answer from the choices provided
A
B.
ОООО
С
D
Mark this and retum
Save and Exit
Next
Submit
Answer:
D on edge
Explanation:
The debt-to-income (DTI) ratio of a borrower is used to compare the borrower's gross monthly income. The monthly living expenses (rent or mortgage, property tax, mortgage insurance,
What is income?Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is mainly shown in the medium of exchange terms. Income is difficult to define conceptually,
The term debt to income refers that, the debt-to-income ratio (DTI) is all your monthly debt payments divided by your gross monthly income. This number is one-way lenders measure your ability to manage the monthly payments to repay the money you plan to borrow.
Therefore, Thus option(C) is correct.
Learn more about income here:
https://brainly.com/question/14732695
#SPJ2
19. Chapter MC, Section 07, Problem 065.Algo Franklin Corporation is expected to pay a dividend of $1.25 per share at the end of the year (D1 = $1.25). The stock sells for $26.50 per share, and its required rate of return is 10.5%. The dividend is expected to grow at some constant rate, g, forever. What is the equilibrium expected growth rate? Select the correct answer.
a. 4.76% b. 5.10% c. 6.12% d. 5.44% e. 5.78%
The equilibrium expected growth rate using Gordon Growth Model formula comes to 5.78%. Hence the correct answer is option (e).
Three variables are included in the Gordon Growth Model formula: (1) D1 or the expected annual dividend per share for the following year, (2) k or the required rate of return, and (3) g or the expected dividend growth rate. With these variables, the value of the stock can be computed as:
Intrinsic Value of Stock = D1 / (k – g)
Substituting the values given in the given formula, we get
$26.50 = $1.25/(0.105-g)
Solving this to get the value of "g", we get
5.3 = 0.25/(0.105-g)
g = (0.5565 - 0.25)/5.3
g = 5.78%
Thus the equilibrium expected growth rate is 5.78%
To know more about Gordon Growth Model, refer
https://brainly.com/question/30355598
#SPJ4
Adam has 10 sides in a bag five cherry sweets for lemon sweets in one on orange street. adam she's a sweet at random from the bag and eats it. he then takes another suite at random from the bag and it's up. adam says that the probability that itunes to spell cherry sweets is 25/100 he is incorrect explain his error
Adam's statement of 25/100 or 25% is incorrect, as the correct probability is 2/9 or about 22.22%.
You want to know the error in Adam's probability calculation for picking two cherry sweets. Here's the explanation: Adam has a bag with 10 sweets: 5 cherry, 4 lemon, and 1 orange.
When he picks the first sweet, the probability of it being cherry is 5/10 (5 cherry sweets out of a total of 10). After eating that sweet, there are now 9 sweets left in the bag. If the first sweet was cherry, there would be 4 cherry sweets left.
So, the probability of picking another cherry sweet is 4/9.
To find the probability of both events occurring, multiply their probabilities:
(5/10) * (4/9) = 20/90, which simplifies to 2/9 or approximately 22.22%.
Learn more about probability at
https://brainly.com/question/29190722
#SPJ11
como aparece mademe pernelle? ¿Por que desea tanto irse desprisa de la casa
Answer:
porque esta triste por culpa de su amiga
how does the entry of new coffeehouses affect the profits of existing coffeehouses?
The entry of new coffeehouses into a market can have a negative impact on the profits of existing coffeehouses.
What is the reason?With more competition, customers have more options to choose from, leading to a potential loss of customers for existing coffeehouses. This can lead to a decrease in revenue and profits.
However, the impact of new coffeehouses on existing ones depends on factors such as location, pricing, and quality of products and services. If an existing coffeehouse has a strong brand, loyal customer base, and competitive pricing, it may be able to withstand the competition and maintain its profits.
Ultimately, the success of existing coffeehouses in the face of new competition depends on their ability to differentiate themselves and offer unique value to customers.
To know more on market visit:
https://brainly.com/question/15483550
#SPJ11
Police are investigating the site of a convenience store robbery. The glass door was
broken, and it looks as if several packages of cigarettes are missing from behind the
counter. One police officer notices a man walking past the store and gets an odd
feeling about him. He stops the man and insists on searching his pockets. Inside the
man's pockets, police find several packs of cigarettes. They arrest the man and
charge him with the crime. Unfortunately, the judge throws out the charges. What is
MOST likely the judge's reason for dismissal?
A-The man is under 18 years old.
B-The man did not have money to post bail.
C-The policeman did not have probable cause to search the man.
D-The policeman did not have enough evidence that the man was the robber.
The MOST likely judge's reason for dismissal is the policeman did not have enough evidence that the man was the robber. Thus the correct option is D.
What is Robbery?Theft or robbery is defined as the stealing of someone else's property without their permission and using force or a threat of force that exhibits fear in them to perform any action against them.
To prove a crime against someone requires one to submit enough evidence which helps to establish the claim as the justice system is based on evidence not on arguments.
In the given case, police found the activity of the men suspicious as they found cigarette packets from him. There is no evidence that he has stolen the cigarette packets might be possible he has purchased them.
So due to a lack of evidence against the person the Judge dismissal the case. Therefore, option D is appropriate.
Learn more about Robbery, here:
https://brainly.com/question/19151712
#SPJ2
Choose the best option to complete each of the following sentences.Kathy and Clancy returned application forms promptly.Without increasing employee out-of-pocket expenses, the firm was able to offer extended dental coverage. pleased the employees.Did Sam indicate that he and had completed the proposal?The advisory board released recommendation regarding the expansion plan.
Kathy and Clancy returned the application forms promptly, pleasing the employees. The firm was able to offer extended dental coverage without increasing employee out-of-pocket expenses.
Sam indicated that he and the team had completed the proposal. The advisory board released a recommendation regarding the expansion plan.
In the first sentence, the prompt return of the application forms by Kathy and Clancy is described as pleasing to the employees. The second sentence highlights the firm's ability to offer extended dental coverage without causing financial burden to the employees.
In the third sentence, the speaker states that Sam indicated the completion of the proposal by him and the team. The last sentence mentions the release of a recommendation by the advisory board regarding the expansion plan.
To know more about dental coverage click on the link below:
https://brainly.com/question/4534709#
#SPJ11
true or false, a clear sense of purpose and behavior consistent with this purpose, are thought to be extremely important to a firm's success
True. A clear sense of purpose and behavior consistent with this purpose are indeed thought to be extremely important to a firm's success.
Having a well-defined purpose provides a guiding principle that aligns employees, stakeholders, and organizational activities toward a common goal. It serves as a North Star, giving direction and meaning to the work being done.
A clear purpose helps in several ways. It provides a sense of identity and helps differentiate the firm in the marketplace, attracting customers and stakeholders who resonate with the purpose. It also motivates and engages employees, fostering a sense of pride and fulfillment in their work.
Consistent behavior with the purpose is equally crucial. When a firm's actions align with its stated purpose, it builds trust and credibility among customers, employees, and other stakeholders. It enhances the firm's reputation and fosters long-term relationships.
Ultimately, a clear sense of purpose and behavior consistent with that purpose create a cohesive and focused organizational culture, leading to improved performance, innovation, and overall success for the firm.
Know more about aligns employees here
https://brainly.com/question/31825324#
#SPJ11
what is spam?
A unauthorized email featuring anonymous threats
B unauthorized email asking for sensitive information
C unauthorized email advertising services and events
D unauthorized email accidentally sent to the wrong address
Congress passes a bill calling for a 5% tax decrease. The president then signs it
a.) the government's monetary policy
b.) government's open. market regulations
c.) the government's tight money policy
d.) the government's fiscal policy
Answer:
d.) the government's fiscal policy
Explanation:
Fiscal policy is the actions of a government to alter spending and taxation to influence economic direction. This implies that fiscal policy tools are the level of government spending and taxation.
Reducing taxes and government spending increases the money supply in the market. The government will consider these actions during recessions to stimulate economic growth. Increasing taxes and decreasing spending reduces money circulation in the economy, thereby regulating economic growth.
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Marketers use the north american industry classification system to evaluate ________.
Marketers use the north american industry classification system to evaluate derived demand.
Why do marketers rely on the system to evaluate derived demand?The North American Industry Classification System (NAICS) is a standardized classification system that categorizes industries based on their economic activities. Marketers rely on this system to evaluate derived demand which is demand for a particular product or service that arises as a result of demand for another product or service.
By understanding the classification of industries through NAICS, marketers can identify the relationships and interdependencies between industries allowing them to effectively assess the derived demand for their offerings.
Read more about derived demand
brainly.com/question/4358080
#SPJ4
weston corporation had earnings per share of $1.41, depreciation expense of $592,800, and 240,000 shares outstanding. what was the operating cash flow per share? if the share price was $51, what was the price-cash flow ratio?
Answer: Price/Cash Flow = Price per share / Cash flow per share = $51 / $3.88
= 13.14
Explanation: EPS = Net income / Number of oustanding shares = $1.41
Number of shares outstanding = 240,000
So, Net income = EPS x Number of shares outstanding
= $1.41 x 240,000 = $338,400
Operating cash flow = Net income + Depreciation [Since depreciation is non-cash expense]
= $(338,400 + 592,800) = $931,200
So, Operating cash flow per share = $931,200 / 240,000 = $3.88 per share
If share price = $51, then
Who do you contact when its time to enroll in a repayment plan.
The individual contacts the loan servicer when it's time to enroll in a repayment plan.
What is a loan servicer?The procedure through which a corporation receives interest, principle, and escrow repayments from a borrower is known as loan servicing. The great majority of mortgages in the United States are guaranteed by the government or government-sponsored companies through purchase.
If an individual want to explore repayment choices or amend your repayment plan, contact your loan servicer. By checking in to "My Federal Student Aid," you may view information about all of your federal student loans and discover the loan servicer for your loans.
Therefore, it can be concluded that When it comes time to enroll in a repayment plan, the individual contacts the loan servicer.
Learn more about loan servicer here;
https://brainly.com/question/29806367
#SPJ5
A loan servicer is contacted when its time to enroll in a repayment plan.
How to know who to contactYour loan will be managed by a loan servicer or lender, who can also tell you of your alternatives for making repayment.
They will walk you through the enrolling process and assist you in selecting the best repayment option based on your preferences and financial condition.
When getting in touch with them to begin the registration process, be sure to have your loan information and any pertinent financial paperwork available.
Learn about repayment plan at: https://brainly.com/question/25246413
#SPJ3
Who’s ready to f lemme know?
Answer:
lol
Explanation:
Answer:
wrong website
Explanation:
what is professional education
Answer:
Definition. Professional education includes any programs that improve the knowledge, skills, attitudes, or behaviors of health care providers on the importance of breast- feeding, the physiology and management of lactation, or counseling related to breastfeeding.
A down payment is usually what percentage of the asking price of a home?
Answer:
In most cases, you need a down payment of at least 3 percent of your target home price. Many loan types and lenders require 5 percent down or more. You can often save money if you put down at least 10 percent of the home price, and you'll save the most if you put down at least 20 percent.
Explanation:
i hopes this helps you
Answer:
5-20
Explanation:
I am built different
What is one way that technology can improve the production of goods? Websites can allow consumers to purchase goods online. Container ships can transport a number of goods at once. Automation can create goods more cheaply and easily. Airlines can send goods from one place to another. WILL MARK BRAINLIEST
One way that technology can improve the production of goods is : ( C ) Automation can create goods more cheaply and easily
What is AutomationAutomation is the creation and application of technologies to the process of production and distribution of goods and services with minimal or no human intervention. Automation makes the creation of goods easier and with less cost.
Hence we can conclude that One way that technology can improve the production of goods is Automation can create goods more cheaply and easily.
Learn more about Automation : https://brainly.com/question/11211656
#SPJ2
Lavonda’s very wealthy grandmother recently died. After her death, everything she owned totaled $1,000,000. However, her family was only given $700,000. What MOST likely happened to the other $300,000?
It was used to cover income taxes.
It was used to cover sales taxes.
It was used to cover excise taxes.
It was used to cover estate taxes.
Answer: wrong it is estate taxes
Explanation:
The most likely event happened to the other $300,000 that It was used to cover estate taxes. Thus last option is correct.
What is the meaning of Estate taxes?Estate Tax refers to the form of the tax in which a charge placed on a property owner's ability to transmit their possessions to others after passing away that takes the shape of a percentage of their taxable estate.
According to the above situation, the death of the Lavonda’s grandmother led to the implementation of the Estate Tax on her wealth of $1,000,000.
Therefore, the taxable estate to be included is $300,000. Thus last option is correct.
Learn more about Estate Tax here:
https://brainly.com/question/6362495
#SPJ2
Real Estate Question
A buyer is purchasing a property for $500,000. He has a down payment of $50,000 and is financing the rest. What's the amount of the loan origination fee if the lender charges one-and-a-half points? Please explain your work as well.
Answer Choices:
$5,000
$6,750
$750
$7,500
Answer:
Amount of the loan origination fee = $7,500
Explanation:
Given:
Purchase cost of house = $500,000
Down payment cost = $50,000
Lender charges point = 1.5 points[%]
Find:
Amount of the loan origination fee
Computation:
Amount of the loan origination fee = Purchase cost of house x Lender charges point
Amount of the loan origination fee = 500,000 x 1.5%
Amount of the loan origination fee = $7,500
MVGOY TUI Neuleen U12 QUESTION 4 of 10: You save $500 in a retirement account at age 25. It increases an average of 10% per year until you are 65. Which formula and result indicates how much money you will have in this account at age 65?
Answer:
Future value at age of 65 = $22,626.5 (Approx.)
Explanation:
Given:
Amount deposit in retirement account = $500
Number of year = 65 year - 25 year = 40
Average rate of increase = 10 %
Find:
Future value at age of 65
Computation:
A = P[1+r]ⁿ
Future value at age of 65 = Amount deposit in retirement account[1+Average rate of increase]ⁿ
Future value at age of 65 = 500[1 + 10%]⁴⁰
Future value at age of 65 = 500[1 + 0.10]⁴⁰
Future value at age of 65 = 500[1.10]⁴⁰
Future value at age of 65 = 500[45.259]
Future value at age of 65 = $22,626.5 (Approx.)
I need to find the social security and Medicare. Please let me know how you got your answer as well!
Answer:
See below
Explanation:
Social security and medicare per period
1. Otto:
Pay per period = 76,432/ 12
=6,369.33
social security = 6.2% of 6,369.33
=6.2 /100 x 6,369.33
=394.898
=394.9
medicare = 1.45 % of 6,369.33
=1.45/100 x 6,369.33
=92.355
=92.36
2. G. Hernandez :
Pay per period= 43,902 / 26= 1,688.54
social security =6.2% of 1,688.54
=6.2/100 x 1,688.54
=104,689
=104.69
medicare=1.45 of 1,688.54
=1.45/100 x 1,688.54
=24.48
A.Toms:
Pay per period = 20,235 /12 =1,686.25
social security = 6.2 % of 1,686.25
=6.2/100 x 1,686.25
=104.55
Medicare = 1.45 % of 1,686.25
=1.45/100 x 1,686.25
=24.45
Will mark BRAINLIEST!!!
Amanda works as an accountant at a small-sized firm that sends out multiple invoices daily. She wants to ensure that the firm's invoices have a professional look and format. Further, she wants to customize such invoices with the firm's logo. Which accounting program is most suitable for
Amanda's requirements?
A. OpenOffice Calc
В. QuickBooks
C. NetSuite
D. FreshBooks
E. Intact
Answer:
Netsuite
Hope this answer helps you :)
Have a great day
mark brainliest
PLEASE I NEED THIS NOWWW!!
Of all of the emerging industries, choose one or two and discuss why you think this industry is so up and coming in the world. Would you ever want to work in this industry? Why or why not?
Answer:
Virtual Reality.
Virtual reality is a natural progression for the (already huge) video game industry, its adaptability shows its staying. The industry as a whole is growing at a fast pace, with the global VR market size projected to increase from less than five billion dollars in 2021 to more than 12 billion dollars by 2024. Both the enterprise and consumer segments, including the increased development of the VR gaming industry, are expected to profit from the forecast growth. Yes i would want to work in this industry it would be fun and it would be a really good paying job.
Explanation:
in the base year, what can we say about real gdp and nominal gdp?
In the base year, we can say that nominal GDP and real GDP are equal, but in subsequent years, real GDP provides a better measure of economic performance by adjusting for inflation.
In the base year, the inflation rate is zero, which means that the nominal GDP and real GDP are equal. This is because the prices of goods and services in the base year are used to calculate both nominal and real GDP. Therefore, in the base year, we can say that nominal GDP and real GDP are equal.
However, in subsequent years, as prices change, there will be a difference between nominal GDP and real GDP. This difference is due to inflation, which causes the prices of goods and services to increase over time.
As a result, nominal GDP will tend to overstate economic growth, while real GDP will provide a more accurate measure of economic performance by adjusting for inflation.
To know more about GDP here
https://brainly.com/question/30737857
#SPJ4
Sergei’s boss has very strong opinions and often frowns upon questions from the team. This creates an environment where everyone just agrees with the boss decisions without questioning them
Knowing and comprehending each team member's opinions personality type will enable you to assign tasks in a way that best suits their interests and passions.
By doing this, you will raise team morale and productivity to their highest levels. Therefore, I always let my manager know when I'm having an issue. I jot out a list of my annoyances. I request a meeting with my employer opinions and explain these issues in detail. I want to be sure I'm not coming out as rude or sounding like I'm making any accusations against my supervisor. Good staff knowledge results in higher output and results.
To learn more about team, click here.
https://brainly.com/question/17860885
#SPJ1