Suppose that a corporate bond with a baa credit rating and five years to maturity has a yield to maturity of 8 percent. suppose that the government of the city of udwellum, which has a baa credit rating, issues a bond with the same time to maturity in a market that is just as liquid as the market for corporate bonds. suppose that investors have a federal tax rate of 30 percent. calculate the interest rate that udwellum should pay on its bonds if they will yield the same after-tax rate of return to investors as comparable corporate bonds. show your work.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

a.

answer; measurable outcome;

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