User Account

All Pages

Rust bucket motor credit corporation rbmcc a subsidiary of

Assignment Help Finance Basics
Reference no: EM13567767

Rust Bucket Motor Credit Corporation (RBMCC), a subsidiary of Rust Bucket Motor, offered some securities for sale to the public on March 28, 2008. Under the terms of the deal, RBMCC promised to repay the owner of one of these securities $100,000 on March 28, 2037, but investors would receive nothing until then. Investors paid RBMCC $23,199 for each of these securities; so they gave up $23,199 on March 28, 2008, for the promise of a $100,000 payment 29 years later.

Based on the $23,199 price, what rate was RBMCC paying to borrow money?

Reference no: EM13567767

Questions Cloud

Discuss the contrasting literary styles used in william : discuss the contrasting literary styles used in william faulkners a rose for emily and katherine ann porters the
Last year she earned 45000 as a sales assistant for focused : mary watson is 24 years old and single lives in an apartment and has no dependents. last year she earned 45000 as a
An investor bought a one-acre lot on the outskirts of a : an investor bought a one-acre lot on the outskirts of a city for 9000 cash. each year she paid 80 of property taxes .
A corporation with both preferred stock and common stock : a corporation with both preferred stock and common stock outstanding has a substantial credit balance in its retained
Rust bucket motor credit corporation rbmcc a subsidiary of : rust bucket motor credit corporation rbmcc a subsidiary of rust bucket motor offered some securities for sale to the
Holmes inc obtained significant influence over nadal : situation 1hatcher cosmetics acquired 10 of the 212200 shares of common stock of ramirez fashion at a total cost of 14
What is the difference between the straight-line and : what is the difference between the straight-line and reducing-balance methods of
Loreal-amerfcan corporation purchased several marketable : loreal-amerfcan corporation purchased several marketable securities during 2013. at december 31 2013 the company had
Fomtech inc had net income of 750000 based on variable : fomtech inc. had net income of 750000 based on variable costing. beginning and ending inventories were 50000 units and

Reviews

Write a Review

Finance Basics Questions & Answers

  Te risk-reducing benefits of diversification do not occur

which statement about portfolio diversification is correct?a. proper diversification can reduce or eliminate systematic

  How many years will it take to exhaust his funds

Your father has $540,000 invested at 7.3%, and he now wants to retire. He wants to withdraw $50,000 at the beginning of each year, beginning immediately. How many years will it take to exhaust his funds, i.e., run the account down to zero?

  Question-nbspdescribe how each of the subsequent actions or

question-nbspdescribe how each of the subsequent actions or problems can distort or disrupt the capital budgeting

  What is the debt ratio

ABC Company has a debt-equity ratio of 0.77. What is the debt ratio?

  You can purchase a new machine for 1875000which will

you can purchase a new machine for 1875000which will provide annual net cash flow of 650000 per year for 5 years. you

  How does the occupational safety and health administration

How does the Occupational Safety and Health Administration (OSHA) encourage organizations to adopt ergonomic job design?

  Your company omega corporation is considering a new project

your company omega corporation is considering a new project which you must analyze. based on the following data what is

  Capm in the capital asset pricing model capm a securitys

capm in the capital asset pricing model capm a securitys expected return isa. the return on the market portfoliob. the

  Calculate required external funding

Cannon Corporation has enjoyed a rapid increase in sales in recent years following a decision to sell on credit. However, the company has noticed a recent rise in its collection period.

  Company valuation

Using Costco wholesale company, incorporate the effect of the Employee Stock Option consider into the common equity valuation. Be sure to plan both the forecasted ESO grants and outstanding ESOs.

  What was its charge for depreciation and amortization

Pearson Brothers recently reported an EBITDA of $7.5 million and net income of $1.875 million. It had $1.875 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?

  Describe enterprise resource planning how does enterprise

why is it important for an organization to identify the areas it wishes to measure before the implementation process

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd