What is the effective borrowing rate

Assignment Help Financial Management

Reference no: EM131072159

What is the effective borrowing rate (EBR) for the following 6-month (182-day) line of credit: CL = total credit line $650,000; AL = Average outstanding amount $389,000; CF = Commitment fee 0.36% (not annualized) on unused line; IR = Annual Interest rate 2.1% over LIBOR (which is currently 4.7%)?

Reference no: EM131072159

Questions Cloud

Lead to unethical practices and behavior in accounting : Write a 350-word response to the following: Do you think the Sarbanes-Oxley Act has made a difference in the ethical behavior of companies regarding their financial accounting? Why or why not?

Company from the virtual organizations found : For week 9, you are instructed to pick a company from the Virtual Organizations found in the Week 9 Materials tab on your website. It is on the sidebar under Links: Library. The purpose of this assignment is to demonstrate knowledge of financial a..

Create a job posting for the job description you created : Create a job posting for the job description you created. Submit your job posting to this discussion board with the Subject titled "JOB POSTING_Insert Job Title_ Insert Your First and Last Name" (i.e., JOB POSTING_HR Supervisor_Jane Doe). Input you..

Describe the land uses that exist in your landscape today : Describe the land uses that exist in your landscape today? Discuss the relationship between cover types on your landscape and land use activities on your landscape?

What is the effective borrowing rate : What is the effective borrowing rate (EBR) for the following 6-month (182-day) line of credit: CL = total credit line $650,000; AL = Average outstanding amount $389,000; CF = Commitment fee 0.36% (not annualized) on unused line; IR = Annual Interest ..

The appropriate key to find the unknown variable : Find the present value of the following ordinary annuities (Note: if your using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable.

According to the black-scholes option pricing model : Assume that you have been given the following information on Purcell Industries: Current Stock Price = $15 Stock price of option = $15 Time to maturity of option = 6 months Risk-free rate = 6% Variance of stock return = 0.12 D_1 = 0.24495 N(d_1) = 0...

What is the terminal or horizon-value of operations : Kendra Enterprises has never paid a dividend. Free cash flow is projected to be $80,000 and $100,000 for the next 2 years, respectively; after the second year, FCF is expected to grow at a constant rate of 8%. The company’s weighted average cost of c..

What is the bonds yield to maturity : You Just purchased a bond that matures in 5 years. The bond has a face value of $1,000 and has an 8% annual coupon. The bond has a current yield of 8.21%. What is the bond’s yield to maturity?

User Account

All Pages