1. 1 Explain the difference between a Debt Constant and a Face Rate.
2. 2 Explain the 4 types of loans AND why on a tax basis one is the best.
3. 3 Please explain the difference between Capital Gains Tax and Ordinary Income Tax.
4. 4 Explain the following:
   1. IRR
   2. NPV
   3. WACC
   4. Residual Rate
   5. Capitalization Rate
   6. Discount Rate

Answer rating: 100% (QA)

1 Difference between Debt Constant and Face Rate Debt Constant It is the ratio of annual debt service to the outstanding loan balance It reflects the ... View the full answer