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NEW QUESTION: 1
Corbin Inc. can issue three-month commercial paper with a face value of $1,000,000 for $980,000.
Transaction costs would be $1,200. The effective annualized percentage cost of the financing, based on a
3 60-day year, would be:
A. 8.65%
B. 8.48%
C. 2.16%
D. 8.00%
Answer: A
Explanation:
Choice "c" is correct. The cost to issue the commercial paper is the $20,000 original issue discount ($1
million - $980,000), plus transaction costs of $1,200 for a total of $21,200. Therefore, it costs $21,200 to
borrow $980,000 for 3 months. The 3-month interest cost is 2.16% ($21,200 / $980,000).
The annual interest cost is 8.65%
Choices "a", "b", and "d" are incorrect, per the above calculation.
NEW QUESTION: 2
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C. NAS
D. FCP
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Explanation:
Explanation: References:
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You want to define a tree or hierarchy for use in reports and allocations.
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E. You need to flatten the rows to be able to use drilldown in Smart View and you must publish the tree to view the hierarchy in Essbase cubes.
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A. mkfs /dev/fd0
B. mkfs /dev/fd1
C. mount /dev/fd0
D. mount /dev/fd1
Answer: B
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