Question
$7.00 finance. 4 problems need help. show work
Q:
finance. 4 problems need help. show work please. price is firm. Dont bump it up or will not buy. thanks
A:
Preview: ... erest +PV (par v ...
The full tutorial is about 6 words long .
FINANCE : 4 PROBLEMS : 100% CORRECT.
- This tutorial hasn't been purchased yet.
- Posted on May. 23, 2012 at 10:12:24AM
Posted by :
pavan101
Rating (192):A-
Questions Asked: 10
Tutorials Posted: 1792,
Blog Posts: 2,
Earned: $5,680.29
Rating (192):A-
Questions Asked: 10
Tutorials Posted: 1792,
Blog Posts: 2,
Earned: $5,680.29
A:
Preview: ... ate k + PV of terminal value .
=> 619.70 = 1000*0.05((1+k)^15-1)/(k(1+k)^15) + 1000/(1+k)^15 ,
=> k = 0.10 = 10% (ANSWER).
Cost of debt after tax = 10(1-T) = 10(1-0.3) = 7% ( ...
The full tutorial is about 174 words long .
