Cost of debt using both methods (ytm and the approximation formula) currently, warren industries can sell 15 dash year, $1 comma 000-par-value bonds paying annual interest at a 13% coupon rate. because current market rates for similar bonds are just under 13%, warren can sell its bonds for $960 each; warren will incur flotation costs of $35 per bond. the firm is in the 29% tax bracket. b. show the cash flows from the firm

Atax on the sellers of coffee will a. increase the price of coffee paid by buyers, increase the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. b. increase the price of coffee paid by buyers, increase the e ffective price of coffee received by sellers, and decrease the equilibrium quantity of coffee. c. increase the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. d. increa se the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.

You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak