Question 14 0.4 pts Garcia Industries has sales of $165,000 and accounts receivable of $15,820, and it gives its customers 35 days to pay. The industry average DSO is 28 days, based on a 365-day year. If the company changes its credit and collection policy sufficiently to cause its DSO to fall to the industry average, and if it earns 9.0% on any cash freed up by this change. how would that affect its net income, assuming other things are held constant? Assume all sales to be on credit. Do not round your intermediate calculations. $284.62 O $383.31 $253.00 $314 37 $327.53 Your child's orthodontist offers you two alternative payment plans. The first plan requires a $5,500 immediate up front payment. The second plan requires you to make monthly payments of $17741, payable at the end of each month for 3 years. What nominal annual interest rate is built into the monthly payment plan? 14.819 9.98% 10.21% 1436% 11.32% 21 06 12:33 Question 7 0.4 pts Cackett Corporation's 5-year bonds yield 6.85%, and 5-year T-bonds yield 4.75%. The real risk-free rate is r = 2.85%, the default risk premium for Crockett's bonds is DRP 1.20% versus zero for T-bonds, the liquidity premium on Crockett's bonds is LP=0.90% versus zero for T-bonds, and the maturity risk premium for all bonds is found with the formula MRP = (t - 1) X 0.1%, where t = number of years to maturity. What inflation premium (IP) is built into 5-year bond yields? O 1.16% 1.42% 1.05% 1.50% O 125% 0.4 pts