On December 18, 2020, the Horton's won $300,000 in the lottery and decided to divide it evenly amongst all family members. They are very excited and want to use the money wisely. Each has agreed to open a Tax-Free Savings Accounts (TFSAs) and to maximize their contributions. To date, no family member has made any TFSA contributions except for Stan who contributed $60,000 over the years, he has never made any withdrawals. They have asked you to help them determine the maximum amount permitted under the TFSA rules and each will then contribute from their lottery winnings. (Hint: consider carryforward balances and contributions in 2020). Stan (father) turned 55 on June 20, 2020 Sandra (mother) turns 48 on March 2, 2020 Anna (Stan's mother who lives with them) turns 71 on December 1, 2020 Jonny (son) turned 23 on March 2, 2020 Twins (born minutes apart): Allen (son) turned 18 on December 31, 2019, and Alley (daughter) turned 18 on January 1, 2020 Eve (daughter) turns 17 on September 4, 2020 a) $205,000 b) $265,000 c) $211,000 d) $204,500 e) $261,500

Afirm's before-tax cost of debt, rd, is the interest rate that the firm must pay on debt. because interest is tax deductible, the relevant cost of debt used to calculate a firm's wacc is the cost of debt, rd (1 – t). the cost of debt is used in calculating the wacc because we are interested in maximizing the value of the firm's stock, and the stock price depends on cash flows. it is important to emphasize that the cost of debt is the interest rate on debt, not debt because our primary concern with the cost of capital is its use in capital budgeting decisions. the rate at which the firm has borrowed in the past is because we need to know the cost of capital. for these reasons, the on outstanding debt (which reflects current market conditions) is a better measure of the cost of debt than the . the on the company's -term debt is generally used to calculate the cost of debt because more often than not, the capital is being raised to fund -term projects. quantitative problem: 5 years ago, barton industries issued 25-year noncallable, semiannual bonds with a $1,600 face value and a 8% coupon, semiannual payment ($64 payment every 6 months). the bonds currently sell for $845.87. if the firm's marginal tax rate is 40%, what is the firm's after-tax cost of debt? round your answer to 2 decimal places. do not round intermediate calcu

Alicia has a collision deductible of $500 and a bodily injury liability coverage limit of $50,000. she hits another driver and injures them severely. the case goes to trial and there is a verdict to compensate the injured person for $40,000 how much does she pay?

It is estimated that over 100,000 students will apply to the top 30 m.b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m.b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m.b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent