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24. Mayuri is saving up for a new microwave. If she needs $228 in 4monts, how m money must she put in her savings accont
24. Mayuri is saving up for a new microwave. If she needs $228 in 4monts, how m money must she put in her savings accont soday? Assume that the savings account p % and is compounded monthly a. 5224.24 b.$222.9 1220.77 .5218.36 25. Waverly Corp. is undergping a major expansion. The expansion will be financed by issuing new 25-year, S1/00 par, 6% semannual coupon bend. The maat price ofthe bonds is $n5 each. Waverly's fletation expense on the new bonds will be $75 par bond What is the pre-tax cont of debt for the newly-issued bonds? a. 6.84% b. 732% c, 8.1396 49,45% 26. ln terms of the costs to organice each, which of the following sequences is coect, moving from lowest to hiest cost a corporation, limited partnership, gemeral partnership, sole proprietorship b. sole proprietonship, general partnership, corporation, limited partnenship c. general partnership, sole proprietornhip, limited partnership, corporation d. sole proprietorship, geseral partnership, limited partnership, corporation 27. DK Pepper, Ine. is considering two mutually exclasive projects, A and B. Project A costs 995,000 and is expected so gmerate $65 ,000 in year one and $75000 in year two Project B costs $120,000and is expected to generate $64,000 iyear one, 567,000i of return for these projects is 10% Based on NPV, DK Pepper, Inc. should accept year two, $56,000 in year three, and 345,000 in year four. DK Pepper, Inc's required ra a. Project A b. Project c. both projects d. neither project 7 of 11
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