Jiminy’s cricket farm issued a 30-year, 6 percent semiannual bond three years ago. the bond currently sells for 93 percent of its face value. the book value of the debt issue is $95 million. in addition, the company has a second debt issue on the market, a zero coupon bond with eight years left to maturity; the book value of this issue is $40 million, and the bonds sell for 67 percent of par. the company’s tax rate is 22 percent. a. what is the company’s total book value of debt? (enter your answer in dollars, not millions of dollars, e.g. 1,234,567.) b. what is the company’s total market value of debt? (enter your answer in dollars, not millions of dollars, e.g. 1,234,567.) c. what is your best estimate of the aftertax cost of debt? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer 1

The company’s total book value of debt is $135,000,000 and  the company’s total market value of debt is :$115,150,000.

Total book value of debt and Total market value of debt

a. Book value of debts

Book value of debts=Book value of debt issue+Book value of this issue

Book value of debts= $95,000,000 + $40,000,000

Book value of debtsB =$135,000,000

b. Total market value of debt

Total market value of debt=[(.93)($95,000,000) + (.67)($40,000,000)]

Total market value of debt= $88,350,000+$26,800,000

Total market value of debt= $115,150,000

Therefore the company’s total book value of debt is $135,000,000 and  the company’s total market value of debt is :$115,150,000.

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Related Questions

How does the strong nuclear force compare with the electrostatic force in the nucleus of an atom?

Answers

Answer:

Electrostatic force binds the negatively charged electrons to the positively charged atomic nucleus. The nucleons are bound to each other by means of Strong Nuclear Force that is more than 100 times stronger than the electrostatic force.


Student grants that are based on one's personal background are known as ____
grants.

Answers

Answer:

student specific

Explanation:

Answer:

student specific

Explanation:

Choose the best translation of the following sentence. for a girl, she's really tall. por ser chuica, es muy alta. para ser una chica, es muy alta.

Answers

The best translation of the sentence "for a girl, she's really tall" in Spanish is "Para ser chica, es muy alta".

What is Spanish language?

Spanish language is a language spoken by the Spanish people (citizens of Spain). It has its origin from Latin words and it is spoken by over 500 million people all over the world.

The sentence, "for a girl, she's really tall" is speaking about a girl who has a tall height compared to other girls. The girl is having a gigantic height that can't be likened to other girls.

Therefore, the best translation of the sentence "for a girl, she's really tall" in Spanish is "Para ser chica, es muy alta".

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Answer:

Para ser una chica, es muy alta.

Explanation:

B

Consider the numerous pseudoscientific products and ideologies currently being marketed to the public, such as reiki, magnetic therapy, therapeutic touch, and homeopathy. what are the ethical concerns with the sale of these ideas to the public? should proponents of these various products and therapies be held accountable for any health concerns arising from the use of these products? what if the services or products do not cause health concerns or physical harm?

Answers

A) The ethical concerns with the sale of these ideas to the public is ;

   Denial of informed choice

B) Proponents of these various products and therapies should be held accountable for any health concerns ( i.e Yes )

Pseudoscientific products and ideologies

Pseudoscientific products such as reiki, magnetic therapy and therapeutic touch when used   generates harmful radiations in the body which gradually damages vital internal organs in the body although homeopathy is not as harmful as other forms of treatment. Details of these treatments are not clearly given to the targeted consumer to avoid taking responsibilities of the damages.

Hence we can conclude that the answers to the question is as listed above.

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How does oiwa's work fit into the concepts of installation?

Answers

The way that oiwa's work fit into the concepts of installation is that; He inflates 360 space to immerse the viewer in his drawings.

What is the concept of the story?

This question is taken from the life of a Japanese-Brazilian artist named Oscar Oiwa who created an incredible, immersive installation that brought canvas to life.

Oiwa worked only with simple black felt-tip pens and visualizes two opposite ideas or situations such as  light and shadow or hot and cold.

This method entails an all-encompassing stream of consciousness that collides inside a massive bubble.

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Now take a look at this first part of clinton’s speech. in this passage, clinton highlights his failures. challenges. successes.

Answers

Answer:

C. Successes

Explanation:

In the given Passage, we see that what Clinton was trying to do was to highlight his; Successes

What is the interpretation of the Passage?

The given passage as seen online is one about President Clinton's Administration.

Now, in the passage as seen online, some of his highlighted successes of his economic plan includes a balanced budget, a budget surplus, increased prosperity for Americans.

Now, he also had some achievements for his social agenda which were Family Medical Leave Act, Don't Ask, Don't Tell policy. background check requirement for gun purchase.

Thus, we can conclude that all he was trying to do in the first part of the speech was to highlight his successes.

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Which phrase best paraphrases the underlined text in the passage? stars so far away stars so small stars so close stars so large

Answers

Answer:

Stars so small

Explanation:

For what purpose was the environmental protection agency established brainly

Answers

Answer:

The Environmental Protection Agency is an independent executive agency of the United States federal government tasked with environmental protection matters. President Richard Nixon proposed the establishment.

Explanation:

hope this helps

If you suspect your boss of unethical behavior, your first step should be to ______. a. document everything that happens b. begin to look for a new job c. confront your boss immediately d. go immediately to upper management please select the best answer from the choices provided a b c d

Answers

Answer:

a. document everything that happens

Explanation:

When suspecting your boss of unethical behavior, it is important to gather evidence and document any incidents or observations that support your suspicions. This documentation will be valuable if you need to address the issue later with higher authorities, such as human resources or upper management.

For the galvanic (voltaic) cell fe(s) + mn²⁺(aq) ⟶ fe²⁺(aq) + mn(s) (e° = 0.77 v at 25°c), what is [fe²⁺] if [mn²⁺] = 0.050 m and e = 0.78 v? assume t is 298 k

Answers

The concentration of Iron in the galvanic (voltaic) cell Fe(s) + Mn²⁺(aq) ⟶ Fe²⁺(aq) + Mn(s) is 0.02297 M.

What is the Nernst Equation?

The Nernst equation enables us to identify the cell potential(voltage) in presence of non-standard conditions in a galvanic cell. It can be expressed by using the formula:

[tex]\mathbf{E_{cell} = E_o - \dfrac{0.059}{n} \times log \dfrac{[Fe^+]}{[Mn^{2+}]}}[/tex]

where;

n = Number of electrons = 2[tex]\mathbf{E_o}[/tex] = Initial voltage = 0.77 V[tex]\mathbf{E_{cell}}[/tex] = Cell voltage = 0.78 V[tex]\mathbf{[Mn^{2+}]}[/tex] = Manganese concentration = 0.050 M

Replacing the values into the above equation, we have:

[tex]\mathbf{0.78 = 0.77 - \dfrac{0.059}{2} \times log \dfrac{[Fe^{2+}]}{[0.050]}}[/tex]

[tex]\mathbf{0.78 -0.77= -0.0296\times log \dfrac{[Fe^{2+}]}{[0.050]}}[/tex]

[tex]\mathbf{log^{-1} (-0.3378) = \dfrac{[Fe^{2+}]}{[0.050]}}[/tex]

[tex]\mathbf{Fe^{2+} = (0.4594\times 0.050 )\ M}[/tex]

[tex]\mathbf{Fe^{2+} =0.02297 \ M }[/tex]

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What is the exact value of tan 30°? enter your answer, as a simplified fraction, by filling in the boxes.

Answers

Answer:

√3 / 3

Explanation:

Here,

tanx = sinx / cosx

By substituting the values , we get ,

tan ( 30 ) = 1/2

————

√3/2

Now,

By multiplying both numbers,

tan ( 30 ) = 1/√3

At Last,

Multiplying both numbers by square root 3,

tan ( 30 ) = √3/√3 * √3 = √3 / 3 . answer

Answer:

please see photo above for detailed analysis.

You listen to the heart beating and you hear a ""lub-swish- dup"". the lub is caused by

Answers

Answer:

The heart sounds, "lub" and "dup," occur when the atria contract and subsequently when the ventricles contract

Explanation:

After listening to the heart beat, there is a sound that a person hears called "lub-swish- dup". This “lub” is caused when the valves close.

What does valve mean?

Throughout a system or process, a valve is a mechanical component that regulates fluid flow and pressure. By carrying out any of the following tasks, a valve regulates the flow and pressure of system or process fluids: fluid flow that is stopped and started. altering (throttling) the fluid flow's rate.

The flow coefficient (Cv) necessary for the system must be identified as the first step in determining the size of a valve. What is a CV factor? a fully open valve with a 1 pressure drop across it will allow 60°F water to pass through it at a rate of US gallons per minute.

The four heart valves that maintain proper blood flow are the mitral, tricuspid, pulmonary, and aortic valves. With each heartbeat, a leaflet (or flap) on each valve opens and closes.

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Determine the ratio of offspring with the described trait to the total number of offspring:unattached earlobes and cleft chin :unattached earlobes and no cleft :attached earlobes and cleft chin :attached earlobes and no cleft :

Answers

Unattached earlobes and cleft chin : 9
Unattached earlobes and no cleft : 3
Attached earlobes and cleft chin : 3
Attached earlobes and no cleft :1

what is 94,104 divided by 12

Answers

Answer:

7841.75

Explanation:

Answer:

7841.75

Explanation:

Used a calculator

Which person has based their investment plan on high risk options brainly

Answers

An example of peope whose investment plan on high risk options are those who deals on  Cryptocurrency or individual stocks.

Which is an high risk investment?

A high-risk investment is known to be a type of investment  where the likelihood of failed part of or all of the investment being lost, are said to be higher than the average.

Conclusively, Note that an example is Cryptoassets, Mini-bonds etc. are an example of high risk investment.

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The supreme court cites these cases because it seeks to describe the unique

Answers

Well this takes place when they erupted which left people Uniqlo in first cases

What x values are not included in the domain of the quotient of two functions

Answers

Answer:

Any x value that makes the denominator equal to 0

Explanation:

Rational Functions

The quotient of two functions can be rewritten as a rational function. All rational functions have discontinuities in the domain where the denominator equals 0. For this to make sense, remember that anything divided by 0 is undefined.

Examples

To show this idea, I will use the example [tex]\frac{x^3-2}{x+3}[/tex]. For this rational function or quotient of two functions, the x value -3 is not included in the domain. This is due to the fact that when x=-3, the denominator is equal to 0. Thus, the function is undefined at this value.

Based on the audio, what made the natural disaster worse after the disaster? the showers the smoke the storm the wind

Answers

Based on the audio recording, the smoke made the natural disaster worse after it ended.

What is a natural disaster?

A natural disaster refers to a natural occurrence that is beyond human control. Also, it's typically characterized by injuries, death or severe damage to both the living and non-living organisms staying within the impacted environment.

Based on the audio recording, we can deduce that a wildfire occured and as such the smoke produced thereafter, made the natural disaster worse even after it ended.

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Answer:

The Smoke

Explanation:

i got it right on flvs

Introduction to linear algebra 5th edition solutions pdf

Answers

Answer:

What is your questions? What do you need help on? Ive taken algebra but what pdf do u mention?

A 5 n force is acting on the charge 6μc at any point. what is magnitude of the electric field at that point?

Answers

The magnitude of the electric field at the given point is 8.33 * 10⁵N/C.

Given the data in the question;

Electrostatic force exterted; [tex]F = 5N[/tex]Charge; [tex]q = 6uC = 6*10^{-6}C[/tex]Magnitude of electric field; [tex]E =\ ?[/tex]

Electric Field

The magnitude of electric field is simply referred to as the force per charge on a test charge.

It is expressed as;

[tex]E = \frac{F}{q}[/tex]

Here, F is electrostatic force exerted and q is the charge.

To determine the magnitude of the electric field at the given point, we substitute our given values into the expression above.

[tex]E = \frac{F}{q} \\\\E = \frac{5N}{6*10^{-6}C} \\\\E = 8.33 * 10^5N/C[/tex]

Therefore, the magnitude of the electric field at the given point is 8.33 * 10⁵N/C.

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Which property is characteristic of alkenes, alkynes, and aromatic hydrocarbons? their vapor pressures decrease as their size increases. their ph values are greater than 7. they are insoluble in water. they are soluble in water.

Answers

The property that is characteristic of alkenes, alkynes, and aromatic hydrocarbons is; C: they are insoluble in water

What are the properties of the compounds?

From density tables, we will discover that the density of alkynes is lower than the density of water. Likewise, the densities of alkenes and aromatic hydrocarbons are as well lower than the water.

Now those compounds are insoluble in water because they have non polar characteristics and are also lighter than water due to the fact that their density is lower than water and as such they are insoluble in water.

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Answer:

C. They are insoluble in water.

Explanation:

Correct on Edge 2022!!!

Good luck everyone, you got this! Have a great day!

Answer the following question based on marguerite shuster's article "the mystery of original sin." according to shuster (who agreed with g. k. chesterton), the problem with the world is what?

Answers

God wants us to learn that having him at the center of our lives will always be best for us, no matter how big or small the decisions we face.

What is the main idea of the article?

Author Marguerite Shuster uses biblical argumentation to explain the dehumanization of the current world, relating her ideas to Genesis, a book of the Christian bible.

Therefore, the author draws a parallel between the problems faced by the world today and the need for individuals to turn to the Christian religion.

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Elena is in her first year of college, living away from home on the college’s campus. her parents pay room and board, and she’s got loans, grants, and scholarship paying for tuition. she has her own checking and savings accounts and a 10-hour per week work study job. she doesn’t have any credit cards right now.

Answers

Elena I say is living her dream and when she has a job, she can pay pack any loan that she has taken.

How is a student loan different from a scholarship?

A student loan  is known to be a type of loan that is taken by a student and it is one that must be paid back.

Note that a scholarship is a type of fund that is given to student and it is not one that needs to be paid back and as such Elena should make good use of what she has and come out with good grades in her studies.

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Which undefined term is used to define a ray? plane circle angle line

Answers

The undefined term that is used to define and describe a ray is called line.

What is a ray in Geometry?

In Geometry, a ray is that part of a line that has a determinate initial starting point but no terminal endpoint. The ray is usually used in vector forms to identify points, in which one of the points is fixed and the other is infinite.

An example of a ray can be seen from the light that emanates from the sun. The symbol used for the identification of ray is: →

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Fill in the table of values for the equation y=2-x

Answers

Answer:

if x=0

then y=2

if x=1

then y=1

if x=2

then y=0

Which of these writing assignments suggests an informal style?

Answers

Answer:

What are the assignments?

Explanation:

Answer:

what are te assignments

Explanation:

so i can answer

Grace thought of a number, added 7, multiplied by 3, took away 5 and divided by 4 to give an answer of 7. what was her starting number?

Answers

Answer: x=4

Explanation:

Calculate the average change of dissolved oxygen per year in the lake over the course of the study

Answers

The average change of dissolved oxygen per year in the lake over the course of the study is;  0.11 mg/L

What is dissolved oxygen?

Dissolved oxygen is defined as the amount of oxygen gas that is present dissolved in a given volume of water as a solution.

Dissolved oxygen is very important for aquatic animals as it provides the main source of oxygen required for respiration by these animals.

Due to human activities arising from water pollution and heating of water bodies, the amount of dissolved oxygen in water bodies is on the decrease.

To calculate the average change of dissolved oxygen per year in a particular lake, the formula is;

Average change of dissolved oxygen per year = total change over the years/total number of year

Average change of dissolved oxygen per year = (8.6 mg/L - 3.3 mg/L)/(2014 - 1965) = 0.11 mg/L

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A galvanic (voltaic) cell consists of an electrode composed of nickel in a 1.0 m nickel(ii) ion solution and another electrode composed of silver in a 1.0 m silver ion solution, connected by a salt bridge. calculate the standard potential for this cell at 25 °c. refer to the list of standard reduction potentials.

Answers

61 i think don’t quote me on that

Complete the concept map to compare and contrast the motor neurons in the somatic and autonomic nervous systems.

Answers

Somatic motor neurons are responsible for the electrical activity to the muscles that move at our will, in the autonomic system they innervate muscle fibers that we cannot move voluntarily.

What are the functions of the motor neurons in the somatic and autonomic nervous systems?

Motor neurons in the somatic nervous system act on the skeletal muscles, so they have a transcendental role in locomotor skills.

On the other hand, motor neurons in the autonomic nervous system are responsible for innervating all those muscle fibers that we cannot move voluntarily; that is, the smooth muscles, for example, the movements of our heart.

Therefore, we can conclude that Somatic motor neurons are responsible for the electrical activity to the muscles that move at our will, in the autonomic system they innervate muscle fibers that we cannot move voluntarily.

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