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Answers to 6,8,9? Figure that the total cost of college will be exist200,000 per year for 5 years starts 18 years from today. If your

image text in transcribedAnswers to 6,8,9?
Figure that the total cost of college will be exist200,000 per year for 5 years starts 18 years from today. If your discount rate is 9% compounded annually, what is the present value today of 5 years' college starting 18 years from today? exist207, 320 exist1, 751, 125 exist179, 759 exist221, 994 You have a credit card debt of exist30,000 that has a 16% APR, compounded monthly. The minimum monthly payment only requires you to pay the interest on his debt. You receive an offer for a credit card with an APR of 8% compounded monthly. If you roll over his debt onto this card and makes the same monthly payment as before, how long will it take you to pay off your credit card debt? a) 62.3 months b) 38 months c) 104 months d) 75 months The market rate is 8%, and the risk-free rate is 2%. The beta of LBM Technologies' common stock is 0.47. The current stock price is trading at exist62. The company has 2360 million shares outstanding. The company has issued 200,000 million bond at a face value of 105.8 % above par with zero coupon rate, paid annually for 10 years and its marginal tax rate is 35%. What is Wacc

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