【简答题】Suppose your firm earns $4 million in taxable income. What is the firm’s tax liability? What is the average tax rate? What is the marginal tax rate? If you are considering a project that will increase...
【单选题】Suppose a project financed via an issue of debt requires five annual interest payments of $18 million each year. If the tax rate is 35% and the cost of debt is 7%, what is the value of the interest ra...
【简答题】Suppose the nominal interest rate is 6%, the tax rate on interest income is 30%, and expected inflation is 3%. (a) Calculate the expected after-tax real interest rate. (b) Calculate the expected after...
【判断题】Suppose the nominal interest rate is 10 percent; the tax rate on interest income is 28 percent, and the inflation rate is 6 percent. Then the after-tax real interest rate is -3.2 percent.