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Please provide the solution ASAP Fitchminster Injection Molding, Inc.: Rose Climbs High Rose Flamant, the plant manager of Fitchminster Injection Molding, Inc. (FIM), is pondering

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Fitchminster Injection Molding, Inc.: Rose Climbs High Rose Flamant, the plant manager of Fitchminster Injection Molding, Inc. (FIM), is pondering an interesting offer made by the president and majority shareholder, Sam Caldron. Sam recently turned sixty and is planning a gradual retirement. None of his children are interested taking over the business and are currently pursuing careers unrelated to the plastics industry, so Sam has decided to offer his controlling share to Rose. FIM began by manufacturing plastic lawn ornaments, including a colorful tropical bird that became a major fad in the 1980s. Pleased and amused by the success of his fanciful product, Sam added rabbits, skunks, trolls, angels, and garden fairies to the product line. Under Rose's leadership, FIM has also become an important secondary supplier of plastic housings for speakers, cell phones, calculators, and similar products. Rose started working at FIM as a color technician shortly after graduating from the state university with a degree in chemical engineering. Within five years, she became the plant manager, a position she has held for the last eight years. Along the way, she has earned an MBA through the evening program of her alma Because FIM stock is publicly traded, we can confidently assign a value of $11,600,000 to Sam's shares. Sam has stated that he is open to any reasonable plan to finance the purchase mater. Questions 1. Rose could probably borrow the money to purchase the shares outright because the shares would serve as collateral and dividends would cover a good part of the loan payments. The interest rate is 6.9%, and the lender will amortize the loan with a series of equal payments. What are the annual payments if the bank amortizes the loan over five, ten, or twenty years? 2. Repeat Question 1, but assume that Rose makes payments at the beginning of each year. 3. Complete the year 4 amortization schedule for a $11,600,000 loan at 6.9% with five equal end-of-year payments. 4. Sam has offered to finance the purchase with a ten-year. 6.9%, interest-only loan. How much is Rose's annual payment? Describe the pattern of payments over the ten years. 5. Assume that Rose accepts Sam's offer to finance the purchase with a ten-year, interest-only loan. If Sam can reinvest the interest payments at a rate of 6.9% per year, how much money will he have at the end of the tenth year? Fitchminster Injection Molding, Inc.: Rose Climbs High Rose Flamant, the plant manager of Fitchminster Injection Molding, Inc. (FIM), is pondering an interesting offer made by the president and majority shareholder, Sam Caldron. Sam recently turned sixty and is planning a gradual retirement. None of his children are interested taking over the business and are currently pursuing careers unrelated to the plastics industry, so Sam has decided to offer his controlling share to Rose. FIM began by manufacturing plastic lawn ornaments, including a colorful tropical bird that became a major fad in the 1980s. Pleased and amused by the success of his fanciful product, Sam added rabbits, skunks, trolls, angels, and garden fairies to the product line. Under Rose's leadership, FIM has also become an important secondary supplier of plastic housings for speakers, cell phones, calculators, and similar products. Rose started working at FIM as a color technician shortly after graduating from the state university with a degree in chemical engineering. Within five years, she became the plant manager, a position she has held for the last eight years. Along the way, she has earned an MBA through the evening program of her alma Because FIM stock is publicly traded, we can confidently assign a value of $11,600,000 to Sam's shares. Sam has stated that he is open to any reasonable plan to finance the purchase mater. Questions 1. Rose could probably borrow the money to purchase the shares outright because the shares would serve as collateral and dividends would cover a good part of the loan payments. The interest rate is 6.9%, and the lender will amortize the loan with a series of equal payments. What are the annual payments if the bank amortizes the loan over five, ten, or twenty years? 2. Repeat Question 1, but assume that Rose makes payments at the beginning of each year. 3. Complete the year 4 amortization schedule for a $11,600,000 loan at 6.9% with five equal end-of-year payments. 4. Sam has offered to finance the purchase with a ten-year. 6.9%, interest-only loan. How much is Rose's annual payment? Describe the pattern of payments over the ten years. 5. Assume that Rose accepts Sam's offer to finance the purchase with a ten-year, interest-only loan. If Sam can reinvest the interest payments at a rate of 6.9% per year, how much money will he have at the end of the tenth year

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