Mathematics, 05.09.2021 03:20, QueenNerdy889
The Goodsmith Charitable Foundation, which is tax-exempt, issued debt last year at 9 percent to help finance a new playground facility in Los Angeles. This year the cost of debt is 25 percent higher; that is, firms that paid 11 percent for debt last year will be paying 13.75 percent this year. a. If the Goodsmith Charitable Foundation borrowed money this year, what would the after-tax cost of debt be, based on their cost last year and the 25 percent increase? b. If the receipts of the foundation were found to be taxable by the IRS (at a rate of 34 percent because of involvement in political activities), what would the after-tax cost of debt be?
Answers: 3
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Question part points submissions used suppose that 100 lottery tickets are given out in sequence to the first 100 guests to arrive at a party. of these 100 tickets, only 12 are winning tickets. the generalized pigeonhole principle guarantees that there must be a streak of at least l losing tickets in a row. find l.
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