If a corporation has an average tax rate of 40 percent, the approximate annual, after-tax cost of debt for a 10-year, 8 percent, $1,000 par value bond selling at $1,150 is ________
A) 3.6 percent
B) 4.8 percent
C) 6 percent
D) 8 percent
A
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Sol Turek, an impresario, hires Susan Sharna to perform a one-woman show, and later cancels the deal. I is impossible to know exactly what ticket sales would have been, but we do know that Susan spent about $10,000 putting the show together
Fortunately, she was able to get another gig, which was a big success. Can she sue Sol, and if so, what can she expect to receive? A) No. This is contract for personal services, so specific performance is not available. B) Yes, but her damages are only nominal. C) Yes. Her damages will be the best estimate that the court can make of what her lost profits were. D) Yes. Her damages will be $10,000. E) Both C and D
Which of the following convert data into packet format for transmission in a packet switching network?
a. a PAD b. a Node c. an IXC d. none of the above