Continental/Continental: The Himalayas Continental/Continental: The Himalayas The Himalayan mountain range and Tibetan plateau have formed as a result of the collision between the Indian Plate and Eurasian Plate which began 50 million years ago and continues today. Loading the player ...
With (sometimes significant) variations according to region, industry and credit rating, the average annual interest rates on small business loans are: 1  For Business Installment Loans, 5 percent to 9 percent. 2  For Business Lines of Credit, Prime plus 1 percent to 8 percent.
The return it reported for its last fiscal year was 11.8%. The companyâs bonds are currently priced on the open market at a total price of $50,800,000, its preferred stock at $12,875,000, and its common stock at $72,375,000. Its incremental tax rate is 34%. It pays $4,625,000 in interest on its bonds, and there is an unamortized debt premium of $1,750,000 currently on the companyâs books. The preferred stock pays interest of $1,030,000. The risk-free rate of return is 5%, the return on the Dow Jones Industrials is 12%, and Joltâs beta is 1.5. To calculate Joltâs cost of capital, we first determine its cost of debt, which is as follows: ($4,625,000 Interest Expense) x (1 - .34 Tax Rate).