subject
Business, 20.08.2019 20:30 lakenyahar

Crandal dockworks is undergoing a major expansion. the expansion will be financed by issuing new 15-year, $1,000 par, 9% annual coupon bonds. the market price of the bonds is $1,070 each. five rivers flotation expense on the new bonds will be $50 per bond. crandal's marginal tax rate is 35%. what is the yield to maturity on the newly-issued bonds? a) 6.95%b) 7.99%c) 8.17%d) 9.82%

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 19:00, Samzell
Minolta inc. is considering a project that has the following cash flow and wacc data. what is the project's mirr? note that a project's projected mirr can be less than the wacc (and even negative), in which case it will be rejected. wacc: 10.00% year 0 1 2 3 4 cash flows -$850 300 $320 $340 $360
Answers: 3
image
Business, 22.06.2019 01:00, reagriffis24
How does the economy of cuba differ from the economy of north korea? in north korea, the government’s control of the economy has begun to loosen. in cuba, the government maintains a tight hold over the economy. in cuba, the government’s control of the economy has begun to loosen. in north korea, the government maintains a tight hold over the economy. in north korea, there is economic uncertainty in exchange for individual choice. in cuba, there is economic security in exchange for government control. in cuba, there is economic uncertainty in exchange for individual choice. in north korea, there is economic security in exchange for government control.\
Answers: 2
image
Business, 22.06.2019 14:00, tamariarodrigiez
How many months does the federal budget usually take to prepare
Answers: 1
image
Business, 22.06.2019 21:10, kalawson2019
You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?
Answers: 1
You know the right answer?
Crandal dockworks is undergoing a major expansion. the expansion will be financed by issuing new 15-...

Questions in other subjects:

Konu
Mathematics, 16.04.2020 19:34