Answer:
d. 2.94%
Explanation:
First, Calculate the Yield to maturity of the bond using the following formula
Use the following formula to calculate the YTM
P = [ C x ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Where
F = Face value = $1,000
P = Price = $1,495.56
C = Coupon payment = Face value x Coupon rate = $1,000 x 10% = $100
n = numbers of periods = Numbers of years to maturity = 10 years
r = YTM = ?
Placing values in the formula
$1,495.56 = [ $100 x ( 1 - ( 1 + r )^-10 ) / r ] + [ $1,000 / ( 1 + r )^10 ]
r = 3.916%
Now calculate the after-tax cost of debt
After-tax cost of debt = YTM x ( 1 - Tax rate )
After-tax cost of debt = 3.916% x ( 1 - 25% )
After-tax cost of debt = 2.937%
After-tax cost of debt = 2.94%
A series of political and economic changes known as perestroika, or "restructuring" in Russian, were implemented to revitalize the Soviet Union's sluggish economy in the 1980s. President Mikhail Gorbachev, who designed it, would preside over the nation's most significant political and economic reforms since the Russian Revolution. But the Soviet Union's dissolution in 1991 was largely caused by the suddenness of these reforms, which were accompanied with rising instability both inside and beyond the Soviet Union.
What was the policy of Gorbachev's on Social and political topics?
The Soviet Union's policy of free discourse on social and political topics was known as glasnost (Russian for "openness"). The Soviet Union started to become democratic after Mikhail Gorbachev implemented it in the late 1980s. In the end, the Soviet Union's political system underwent substantial changes: the Communist Party's influence was diminished, and multi-candidate elections were held. Additionally, Glasnost allowed media outlets to more freely disseminate news and information and tolerated criticism of government authorities.
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Answer:
The units started and completed is 59,900 tons
Explanation:
The computation of the number of tons started and completed during October is shown below:
Units Completed = Beginning Work in Process Units Completed + Units started and Completed
74,900 units = 15,000 tons + Units started and Completed
So, the units started and completed is
= 74,900 tons - 15,000 tons
= 59,900 tons
Hence, the units started and completed is 59,900 tons
Answer:
Price elasticity of demand for Adam=0
Price elasticity of demand for Barb=1
Explanation:
Price elasticity of demand = %age change in demanded QTY / %age change in demanded price
The price is not important for Adam, and he demands a fixed quantity, hence his demand curve is vertical. A perfectly vertical demand curve is can inelastic demand curve and has price elasticity =0
The quantity is not important for Barb, and he demands a fixed price, hence his demand curve is horizontal. A perfectly horizontal demand curve is has price elasticity =1
Answer:
Change "achieved phenomenal success" to "improved customer satisfaction."
Explanation:
This is because it has to do with customers services and from an end customer’s point of view to evaluate current perspectives, emerging needs and preferences, and it's impact on business outcomes.
