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I took an image of the solution. Lance has a forecasting $12,500 of EBIT for next year, capital expenditures are of $2,700 and rise in

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Lance has a forecasting $12,500 of EBIT for next year, capital expenditures are of $2,700 and rise in net working capital of $1,200. Depreciation expense are of $1,500. Lance will maintain total debt of $11,000 that has a 6% interest rate. Lance has a tax rate of 34%, what would be the forecasted Free Cash Flow for next year? Jill has a 30-year bond that has a 6% coupon rate that would pay interest in a semiannually method. It is trading with a yield-to-maturity of 5%. The bond will become callable in 4 years at a price of $1,150. a) Now what would be the current price of the bond? b) Finally, what would be the bonds yield-to-call

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