Broch

This page lists questions and answers that were posted by visitors named Broch.

Questions

The following questions were asked by visitors named Broch.

Evaluate the infinite geometric series $0.79 + 0.079 + 0.0079 + 0.00079 + 0.000079 + \dotsb$. Express your answer as a fraction with integer numerator and denominator.
9 years ago

Answers

The following answers were posted by visitors named Broch.

A bond that has a $1000 par value (face value) and a contract or coupon interest rate of 11.5. The bonds have a current value of $1125 and will mature in ten years. The firm's marginal tax rate is 34%. The cost of capital from this bond debt is %. ?
12 years ago