An international pharmaceutical company is initiating a new project that requires $2.5 million in debt capital. The current plan is to sell 20-year bonds that pay 4.2% per year, payable quarterly, at a 3% discount on the face value. The company has an effective tax rate of 35% per year. Determine (a) the total face value of the bonds required to obtain $2.5 million, and (b) the efÂfective annual after-tax cost of debt capital using two methods—factors and spreadsheet functions.
What will be an ideal response?
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Modulo-K counter. Consider the following worksheet that forms a modulo-K counter with the K value specified in A5. The clear value in E4 equals 1 when the counter Q values are equal to the K value in A5. The VBA Macro Input_Counter assigned to the arrow increments the input count in A2 and clears the input count when Clear equals 1.
a. What is the Excel formula in C2?
b. What is the Excel formula in D2?
c. What is the Excel formula in E2?
d. What is the Excel formula in F2?
e. What is the Excel formula in E4?
f. Compose the VBA Macro Input_Counter.
What is the difference between a monocotyledon and a dicotyledon?
What will be an ideal response?
Why might the hot gas line need to be insulated?
What will be an ideal response?
Liquid lines need to be insulated:
A) If they travel through an unusually hot space. B) For systems using HFC refrigerants. C) If they are run close enough to the hot suction line to pick up heat from it. D) Always.