A 16-year, $1,000 face value, zero coupon bond has a yield to maturity of 8%. What is the amount of tax an investor in the 33% tax bracket will pay the first year of the bond? Do not round your intermediate calculations.
A. $8.55
B. $6.16
C. $7.71
D. $7.17
E. $9.09
Answer: C
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Which element below is not one of the three stages of the organizational socialization model discussed in the textbook?
a. Anticipatory socialization b. Encounter phase c. Change and Acquisition phase d. Context phase
Which of the following statements regarding internal development as a means of diversification is false?
A. An advantage of internal development is that it is generally faster than other means of diversification. B. Firms can often develop products or services at a lower cost if they rely on their own resources instead of external funding. C. The firm can capture wealth created without having to share the wealth with alliance partners. D. Many companies use internal development to extend their product or service offers.
In terms of INCREASING level of detail, which is the correct sequence of activities?
I. Material requirements planning II. Master production scheduling III. Production planning A) I, II and III B) III, II, and I C) II, III, and I D) I, III, and II E) II, I, and III
Gabby is planning a divorce, the terms of which will be settled in 2019. Under the expected terms of the divorce decree, she will pay alimony of $24,000 per year. Gabby's expected marginal tax bracket for 2019 is 24%. Gabby will have an after tax cost for the $24,000 payment of
A. $18,240. B. $5,760. C. $24,000. D. $0.