Question 24 (1 point) Today, you borrowed $4,000 on your credit card to purchase some furniture. The interest rate is 14.9 percent, compounded monthly. How long will it take you to pay off this debt assuming that you do not charge anything else and make regular monthly payments of $120? A) 4.92 years B) 7.31 years OC) 5.87 years OD) 6.93 years E) 3.61 years Question 23 (1 point) Taylor Swift Corp. issued a 30-year, 8 percent semiannual coupon bond 10 years lo ago. The bond currently sells for 100 percent of its face value. What is the ito aftertax cost of debt if the company's tax rate is 21 percent? NH Poi 4.63 percent See 4.75 percent lou stoc Nha Port 5.38 percent 6,32 percent None of the above four tock Nhat Portfo Bees Question 24 (1 point) Question 21 (1 point) You are considering two independent projects. Project A has NPV of $13,327 while Project B has NPV of $2,230. The required rate of return is 14.2 percent for Project A and 13.9 percent for Project B. Which project should you accept and why? A) Project B; because it has the lower required rate of return. B) Project B; because it has the largest cash inflow in year 1. OC) Both Projects A and B because both of them have positive NPVS. D) Project B; because it has the larger NPV E) Project A; because it has the larger NPV. Question 22 (1 point) Which one of the following measures the amount of systematic risk? 4,186 10