Melinda invests $400,000 in a city of heflin bond that pays 5.1 percent interest. alternatively, melinda could have invested the $400,000 in a bond recently issued by surething inc., that pays 6 percent interest and has risk and other nontax characteristics similar to the city of heflin bond. assume melinda's marginal tax rate is 15 percent. (leave no cells blank - be sure to enter "0" wherever required.) required: what is her after-tax rate of return for the city of heflin bond? how much explicit tax does melinda pay on the city of heflin bond? how much implicit tax does she pay on the city of heflin bond? how much explicit tax would she have paid on the surething inc. bond? what would have been her after-tax rate of return on the surething inc. bond?

73. calculate the weighted average cost of capital (wacc) based on the following information: the equity multiplier is 1.66; the interest rate on debt is 13%; the required return to equity holders is 22%; and the tax rate is 35%. (a) 15.6% (b) 16.0% (c) 15.0% (d) 16.6% (e) none of the above

Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.