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answers provided!!! i need BOTH solutions Selected Financial Information George and Co. (millions) 2018 2017 30,000 31,403 43,620 56 445 2016 Sales Interest Expense 23

image text in transcribedanswers provided!!! i need BOTH solutions
Selected Financial Information George and Co. (millions) 2018 2017 30,000 31,403 43,620 56 445 2016 Sales Interest Expense 23 Long-Term Debt 365 487 24 Forecast George and Co.'s interest expense for 2018 using the financial information in the table provided. Assume that the interest rate for long- term debt is constant over 2016-2018. A) $56M interest expevse- ivteest rate x debe B) $68M C) $75M D) $77M E) $10OM The all-equity financed Canadian Plaid Company (CPC) announces that they will pay a special dividend on July 1st, 2018 of $0.40 per share. The day of record. Your total wealth consists only of 1000 shares in CPC stock that currently trades at $20 per share. What will your total wealth be after the dividend is paid? Assume no taxes. A) $19,000 25 B) $19,600 C) $20,000 D) $%20,400

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