Marathon Capital, S.A., is raising funds via a euro-medium-term note with the following characteristics. Calculate Marathon's last payment that occurs at maturity. Assume 360 days in a year:

Coupon rate: 10.00% payable semiannually on June 30 and December 31
Face value: USD 1,000
Date of issuance: February 28, 2019
Date of maturity: August 31, 2021
		USD 1,060
		USD 13.78
		USD 17.22
		USD 1,020.76
		USD 1,017.22

Sharpex (Hong Kong) exports 1,000 containers of razor blades to its U.S. based parent company, Eversharp. Use the following information to calculate the consolidated after-tax profit.

• The direct cost for the Hong Kong division is USD 10,000 per unit
• The overhead cost for the Hong Kong division is USD 6,000 per unit
• The desired markup for the Hong Kong division is 22%
• Hong Kong tax rate is 15%

• The direct cost per unit for the U.S. parent is transfer price (sale price) of the Hong Hong division
• The overhead cost for the U.S. parent is USD 1,000 per unit
• The desired markup for the U.S. parent is 10%
• The tax rate for the U.S. parent is 35%

	a.	USD 3,980,200
	b.	USD 4,075,750
	c.	USD 3,793,200
	d.	USD 4,325,800
	e.	USD 3,598,000