subject
Business, 12.03.2021 15:00 bartfrank447

1. Curtis invests $275,000 in a city of Athens bond that pays 4.75% interest. Alternatively, Curtis could have invested the $275,000 in a bond recently issued by Initech, Inc. that pays 6.50% interest with similar risk as the city of Athens bond. Assume that Curtis's marginal tax rate is 28%. If Curtis invested in the Initech, Inc. bonds, what would be his after-tax rate ofreturn from this investment?
A. 3.42%
B. 4.75%
C. 4.68%
D. 1.71%
E. None of the choices are correct.
2. Curtis invests $250,000 in a city of Athens bond that pays 4.50% interest. Alternatively, Curtis could have invested the $250,000 in a bond recently issued by Initech, Inc. that pays 6.00% interest with similar risk as the city of Athens bond. Assume that Curtis's marginal tax rate is 28%.
How much explicit tax would Curtis incur on interest earned on the Initech, Inc. bond?

A. $10,800
B. $4,200
C. $3,150
D. $8,100
E. None of the choices are correct.
4. Curtis invests $400,000 in a city of Athens bond that pays 6.00% interest. Alternatively, Curtis could have invested the $400,000 in a bond recently issued by Initech, Inc. that pays 6.75% interest with similar risk as the city of Athens bond. Assume that Curtis's marginal tax rate is 28%.
How much implicit tax would Curtis pay on the city of Athens bond?

A. $24,000.00
B. $840.00
C. $740.00
D. $3,000.00
E. None of the choices are correct.
11. If Joel earns a 7% after-tax rate of return, $27,000 received in two years is worth how much today?
A. $27,000.
B. $25,200.
C. $23,571.
D. $28,890.
E. None of the choices are correct.

ansver
Answers: 1

Another question on Business

question
Business, 20.06.2019 18:02
Explain briefly how the role of leader impacts the goals and objectives of an organization.
Answers: 1
question
Business, 21.06.2019 14:20
Suppose that each firm in a competitive industry has the following costs: total cost: tc=50+12q2tc=50+12q2 marginal cost: mc=qmc=q where qq is an individual firm's quantity produced. the market demand curve for this product is: demand qd=160βˆ’4pqd=160βˆ’4p where pp is the price and qq is the total quantity of the good. each firm's fixed cost is.
Answers: 3
question
Business, 22.06.2019 03:00
Journalize the following transactions that occurred in september 2015 for aquamarines. no explanations are needed. identify each accounts payable and accounts receivable with the vendor or customer name. sep. 3 purchased merchandise inventory on account from shallin wholesalers, $5,000. terms 1/15, n/eom, fob shipping point. 4 paid freight bill of $80 on september 3 purchase. 4 purchased merchandise inventory for cash of $1,700. 6 returned $500 of inventory from september 3 purchase. 8 sold merchandise inventory to hermosa company, $6,000, on account. terms 2/15, n/35. cost of goods, $2,640. 9 purchased merchandise inventory on account from thomas wholesalers, $8,000. terms 2/10, n/30, fob destination. 10 made payment to shallin wholesalers for goods purchased on september 3, less return and discount. 12 received payment from hermosa company, less discount. 13 after negotiations, received a $200 allowance from thomas wholesalers. 15 sold merchandise inventory to jordan company, $2,500, on account. terms 1/10, n/eom. cost of goods, $1,050. 22 made payment, less allowance, to thomas wholesalers for goods purchased on september 9. 23 jordan company returned $400 of the merchandise sold on september 15. cost of goods, $160. 25 sold merchandise inventory to smithsons for $1,100 on account that cost $400. terms of 2/10, n/30 were offered, fob shipping point. as a courtesy to smithsons, $75 of freight was added to the invoice for which cash was paid by aquamarines. 26 after negotiations, granted a $100 allowance to smithsons for merchandise purchased on september 25. 29 received payment from smithsons, less allowance and discount. 30 received payment from jordan company, less return.
Answers: 2
question
Business, 22.06.2019 11:00
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 1
You know the right answer?
1. Curtis invests $275,000 in a city of Athens bond that pays 4.75% interest. Alternatively, Curtis...
Questions
question
Mathematics, 25.03.2021 05:50
question
Mathematics, 25.03.2021 05:50
question
Mathematics, 25.03.2021 05:50
question
Mathematics, 25.03.2021 05:50
question
Mathematics, 25.03.2021 05:50
question
Mathematics, 25.03.2021 05:50
Questions on the website: 13722367