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Use the Target Corporation's annual report in Appendix B to answer the following questions:
Required
a. What was the average interest rate on Target's long-term debt in the fiscal-year ended January 29, 2011 (2010)?
b. Target has a œunsecured revolving credit facility, (i.e., a line of credit). What is the total amount of credit available under this facility? How much of this total amount available had Target used as of January 29, 2011?
c. Target's balance sheet shows a line titled Other noncurrent liabilities. What are the types of debt included in this category?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
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Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
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CAPM and Venture Capital
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