Jiminy’s cricket farm issued a bond with 30 years to maturity and a semiannual coupon rate of 10 percent 4 years ago. the bond currently sells for 94 percent of its face value. the company’s tax rate is 35 percent.

a. what is the pretax cost of debt?
pretax cost of debt %b. what is the aftertax cost of debt? aftertax cost of debt %c. which is more relevant, the pretax or the aftertax cost of debt? aftertax cost of debt pretax cost of debt

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms. a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.

What is the correct percentage of texas teachers charged with ethics violations each year?

Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries