If a corporation pays a tax rate of 21 percent, the after-tax cost of debt for a 10-year, 8 percent, $1,000 par value bond selling at $1,150 is ________.

A) 4.71 percent
B) 3.58 percent
C) 1.25 percent
D) 6.32 percent


A) 4.71 percent

Business

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Which is an expressive conflict style?

A. superassertive B. pseudo-assertive C. aggressive D. nonaggressive

Business

Which internal control(s) would you recommend to prevent the following situations from occurring?a. While entering the details about a large credit sale, a clerk mistakenly typed in a nonexistent account number. Consequently, the company never received the payment from this customer.b. A customer filled in a wrong account number on the remittance advice. Consequently, a clerk entered the same number into the system, and the payment was credited to another customer's account.c. After processing a large sales transaction, the inventory records showed negative quantities on hand for several items.

What will be an ideal response?

Business

When writing persuasive claim or complaint messages, you should A) suggest that the receiver intentionally deceived you or intentionally created the problem

B) use a moderate tone. C) inform the reader that you will contact the Better Business Bureau if your claim is not granted. D) use a strong tone with accusatory language to demonstrate your dissatisfaction.

Business

There exists an internal rate of return (IRR) solution for each time the direction of cash flows associated with a project is interrupted, that is, each time outflows change to inflows.

Answer the following statement true (T) or false (F)

Business