Vista Development Co.’s bonds were issued several years ago…
Vista Development Co.’s bonds were issued several years ago and now have 20 years left to maturity. These bonds have a 9.25% annual coupon, paid semiannually, sell at a price of $1,075, and have a par value of $1,000. If the firm’s tax rate is 40%, what is the component cost of debt for use in the WACC calculation?
Read DetailsA 22-year-old male was kicked in the abdomen multiple times…
A 22-year-old male was kicked in the abdomen multiple times during an assault. He is conscious but restless and his pulse is rapid. His skin is cold and moist. Your assessment reveals a large area of bruising to the right upper quadrant of his abdomen. The most appropriate treatment for this patient includes:
Read DetailsExplain what is wrong with the following proof attempt. Ide…
Explain what is wrong with the following proof attempt. Identify the two errors. Prove that tr(kA)=ktr(A){“version”:”1.1″,”math”:”tr(kA)=ktr(A)”} for any n×n{“version”:”1.1″,”math”:”n×n”} matrix A and scalar k. Attempt: Let A=a11a12a13a21a22a23a31a32a33{“version”:”1.1″,”math”:”A=a11a12a13a21a22a23a31a32a33″}. Then,trkA=trka11ka12ka13ka21ka22ka23ka31ka32ka33 = ka11+ka22+ka33 = ka11+a22+a33 = ktrA{“version”:”1.1″,”math”:”trkA=trka11ka12ka13ka21ka22ka23ka31ka32ka33 = ka11+ka22+ka33 = ka11+a22+a33 = ktrA”}
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