Mojo Mining has a bond outstanding that sells for $640 and matures in 18 years. The bond pays semiannual coupons and has a coupon rate of 5.54%. The par value is $1,000. If the company's tax rate is 35%, what is the aftertax cost of debt

After tax cost of debt = 6.40%

Explanation:

Coupon rate = 5.54%

Years of maturity = 18

NPER = Years of maturity * 2 = 18 * 2 = 36

PMT = (Face value * Coupon rate) / 2 = (1,000 * 5.54%) / 2 = 27.7

Face value = $1,000

Price (PV) = $640

Rate (36, 27.2, -640, 1000) Using excel = 0.049246 = 4.92%

YTM = Rate * 2 = 4.92% * 2 = 0.098492 = 9.85%

Pre-tax csot of debt = 9.85%

After tax cost of debt = 9.85%* (1 - 0.35)

After tax cost of debt = 9.85% * 0.65

After tax cost of debt = 0.098492 * 0.65

After tax cost of debt = 0.0640198

After tax cost of debt = 6.40%

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

the answer is     d. in our global economy, most job growth will be in services, but manufacturing jobs will exist, too.