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If the APR on a loan is 23% with interest charged quarterly, then what is the effective annual rate (EAR) Use percent expression and round
If the APR on a loan is 23% with interest charged quarterly, then what is the effective annual rate (EAR) Use percent expression and round your answer to 2 decimal places. For example, if you calculate the answer as 0.12345, enter 12.35 NPV IRR 20% $800 $1,000 Two mutually exclusive projects have the above information. The firm's WACC is 12%. Applying the NPV decision rule, which project (if any) should the firm select? Project A, because it has a higher IRR Project B, because it has a higher NPV Both projects Neither project A $1,000 par value bond is selling for 107 percent of par. What is the dollar price of the bond? Which one of the following items does not appear on the income statement? Cash Sales Operating expenses Tax expense A company has bonds outstanding that currently sell for $1,015 with a yield to maturity of 7%. If the tax rate is 20%, what is the after-tax cost of debt
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