What is mads coverage by net revenues for ota

Assignment Help Finance Basics
Reference no: EM133071819

-Digdug Tunnel is being built using $125,000,000 of tax-exempt municipal bonds with principal amortization inequal installments of $5mm per year for 25 years at 3.75%. In 2025, when the tunnel opens, the Digdug Tunnel Authority (OTA) will pay $4,687,500 of interest in addition to the principal component. This is the highest debt service the system will have. The feasibility study says that in 2023 on average 3000 cars will go through daily and will pay the $15 toll. Wages, utilities and other operating expenses will be $3,000,000 for the year, notincluding Depreciation Expense.

-What is MADS coverage by Net Revenues for OTA projected to be in 2023?

Reference no: EM133071819

Questions Cloud

Develop risk management strategies : Develop strategies/contingencies to mitigate those risks, with consideration to any relevant legislation - research the costs of those services or advice
What is the net benefit of refinancing : What is the net benefit of refinancing? Round to two decimal places.*Hint you are solving for net benefit of refinancing, not solving for NPV (so you do not nee
What is the cost of option : Suppose an Australian importer imports cars from Germany and has to make a €1,000,000 payment to a German exporter in 90 days.
Prepare a budget showing the quantity of solvent : Prepare a budget showing the quantity of solvent Q80 to be purchased for July, August, and September, and for the quarter in total
What is mads coverage by net revenues for ota : -What is MADS coverage by Net Revenues for OTA projected to be in 2023?
Weaknesses in the vanderbilt current estate plan : You are a financial planner, and your clients are Samantha (age 64) and Luther (age 69) Vanderbilt who reside in Georgia. Both are in excellent health.
Make a budgeted income statement for May : Operating expenses for May are budgeted at $108,000, exclusive of depreciation. Make a budgeted income statement for May
Hypothetical investment amount of aud one million : Assuming no transaction costs, suppose Bank of Tokyo quotes AUD1 = ¥80, Suisse Bank quotes CHF1 = ¥97 and ANZ quotes AUD1 = CHF1.15. How could you take profitab
Assignment on equity valuation-gilso corp : GilSo Corp. produces twidgets and sells them in a local market. Its current book value per share (BVPS) is $100 and its current earnings per share (EPS) are $2

Reviews

Write a Review

Finance Basics Questions & Answers

  Construct a loan amortization schedule assuming

Mary has decided to borrow $120,000. The terms of the loan are 6% over the next 4 years. She will be making annual payments (not monthly). This is an important distinction.

  Identify the illegal practice in which the agent engaged

Opal, age 75, has a $100,000 ordinary life insurance policy that has a cash value of $35,000. Opal is concerned about the cost of long-term care in a nursing home. A new agent of a national life insurer persuaded her to transfer the $35,000 into a..

  Options on the same non-dividend paying stock

The European call options on the same non-dividend paying stock: Option price, exercise price, and time until maturity are given as follows

  Briefly describe each of the following phases of the

briefly describe each of the following phases of the capital budgeting process a identification phase b evaluation

  Calculate the required rate of return

Calculate the required rate of return and show formula and work assuming that investors expect a 3.2% rate of inflation in the future. The real risk-free rate i

  The president has requested that you and your staff analyze

the president of eec recently called a meeting to announce that one of the firms largest suppliers of component parts

  What is the sustainable growth rate

What is the sustainable growth rate for each year?  Based on your analysis of the sustainable growth rate between 2011 and 2015, what are your recommendations for the firm?

  Analyse commonwealth bank of australia shares

Firstly, provide a graph and comment on the company's stock price changes in the previous three years. Explain what factors have caused the stock price to

  What is the value of a stock dividends of 150 300 and 600

what is the value of a stock dividends of 1.50 3.00 and 6.00 constant growth at 4 and a required return of

  Advantages of the binomial method

What might be the advantages of the binomial method for this purpose?

  Major responsibilities of the office of inspector general

What are the major responsibilities of the Office of Inspector General as they relate to coded healthcare data?

  What is tyrone one-year us rate of return

If exchange rate at time 0 was $2.00 per £, and $2.10 per £ at the end of the year, what is Tyrone's one-year US rate of return?

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!

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