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1. Calculate the property tax rate as a millage rate rounded to the nearest thousandth, given the following parameters: total assessed property value is $5.5 billion, total desired revenue is $75 million, the assessment ratio is 100%, and 15% of amounts due (by property value) will be unpaid.
2. Calculate the amount of revenue that will actually be raised using the rounded property tax rate calculated in the preceding question.
Please show work and formula.
explain why the four steps involved in the controlling function are important. why is a good understanding of the
Hyperion, Corporation, currently sells its latest high-speed color printer, the Hyper 500, for $350. It plans to lower the price to 300 dollar next year.
How many shares of stock should the company sell, and buy back bonds from the proceeds, to attain its optimal capital structure?
You are the investment manager you have three assests. Treasury Bills, Carclays corporate bond fund, and Large Capt Stock. Bond Fund: Expected return is 6% and standard deviation is 9%
tm inc.nbsp is issuing a 1000 par value bond that pays 7.7 annual interest rate and matures in 15 years. investorsnbsp
Using the profitability index, rank the projects, starting with the most attractive.
assume there are 5 stocks a b c d e of 5 different firms. you are to calculate an index using their prices and values.
Linkup Systems, which provides shareholders with computerized information about stock prices, is planning the establishment of a lockbox system with its bank.
Jake's Bunker (Bob's Country Bunker), a chain of economically priced motels in the Midwestern United States has reviewed its current target structure of 40% debt and 60% equity.What is the cost of common equity? What is the WACC?
Explain the risk involved in this strategy. Do you think the risk here is greater or less than it would be if the bond proceeds were used to finance U.S. operations? Why?
Distinguish between 2 proactive methods of managing operating exposure, back-to-back parallel loans vs cross-currency swaps.
An investment is expected to generate $2,000,000 every year for four (4) years. If the firm's cost of funds is 5 percent,
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