Suppose a country has only a sales tax. Now suppose it replaces the sales tax with an income tax that includes a tax on interest income. This would make equilibrium a. interest rates and the equilibrium quantity of loanable funds fall. b. interest rates and the equilibrium quantity of loanable funds rise. c. interest rates rise and the equilibrium quantity of loanable funds fall. d. interest rates fall and the equilibrium quantity of loanable funds rise.

The market yield on spice grills' bonds is 15%, and the firm's marginal tax rate is 33%. what is their shareholders' required return if the equity risk premium is 4%?

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:

The adjusted trial balance should be prepared the financial statements are prepared in order to prove the of the debits and credits. before; equality before; accuracy after; equality after; accuracy