Ernst's Electrical has a bond issue outstanding with ten years to maturity. These bonds have a $1,000 face value, a 5 percent coupon, and pay interest semi-annually. The bonds are currently quoted at 96 percent of face value
What is Ernst's pre-tax cost of debt?
A) 4.47 percent
B) 4.97 percent
C) 5.33 percent
D) 5.53 percent
E) 5.94 percent
D
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Answer the following statements true (T) or false (F)
The relationship between self-leadership and extraversion has been consistently found to be the strongest between self-leadership and the Big 5 personality traits.
Grandview Office Suites, Inc, merges with Hilltop Commercial Properties, Inc Only Hilltop remains.? The articles of merger include changes that differ from Hilltop's articles of incorporation. The articles of incorporation A) are deemed amended to include the changes
B) are replaced by the articles of merger. C) effectively prevent the merger. D) preempt the articles of merge.
A study shows that the high turnover rate at a company is only caused by the domineering attitude of a middle manager. What criteria of causal inference does this example show?
A. The study was conducted in an open environment. B. The sample size is large enough. C. The presumed effect precedes the presumed cause in time. D. No alternative explanation exists for the correlation. E. The two variables are not correlated.
Which of the following statement(s) is/are true concerning the Montreal Protocol on Substances that Deplete the Ozone Layer?
A) The United States, Mexico and Canada signed it. B) It was not signed by the United States but was signed by 23 other countries. C) It is a treaty that requires all signatories to reduce their production and consumption of all chemicals. D) It is a treaty that requires all signatories to reduce their production and consumption of only CFC's.