You have just purchased a six-month, $550,000 negotiable CD, which will pay a 8.5 percent annual interest rate.
a. If the market rate on the CD rises to 9 percent, what is its
current market value?
b. If the market rate on the CD falls to 8.25 percent, what is its
current market value?
(For all requirements, do not round intermediate calculations.
Round your answers to 2 decimal places. (e. g., 32.16))
a.
Current market value
b.
Current market value

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?