Sixx AM Manufacturing has a target debtequity ratio of 0.65. Its cost of equity is 16 percent, and its cost of debt is 5 percent. If the tax rate is 34 percent, what is the companys WACC? (Round your answer to 2 decimal places. (e.g., 32.16))

WACC

%

You are given the following information for Lightning Power Co. Assume the companys tax rate is 40 percent.

Debt:	8,000 6.3 percent coupon bonds outstanding, $1,000 par value, 20 years to maturity, selling for 106 percent of par; the bonds make semiannual payments.
Common stock:	350,000 shares outstanding, selling for $53 per share; the beta is 1.09.
Preferred stock:	13,000 shares of 3 percent preferred stock outstanding, currently selling for $73 per share.
Market:	10 percent market risk premium and 4.30 percent risk-free rate.

What is the company's WACC? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

WACC

%

An investment project has annual cash inflows of $4,600, $3,700, $4,900, and $4,100, and a discount rate of 13 percent.

What is the discounted payback period for these cash flows if the initial cost is $5,500? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Discounted payback period

years

What is the discounted payback period for these cash flows if the initial cost is $7,600? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Discounted payback period

years

What is the discounted payback period for these cash flows if the initial cost is $10,600? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Discounted payback period

years

Slow Ride Corp. is evaluating a project with the following cash flows:

Year	Cash Flow
0	$	28,800
1		11,000
2		13,700
3		15,600
4		12,700
5		9,200

The company uses an interest rate of 10 percent on all of its projects.

Calculate the MIRR of the project using the discounting approach method. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

MIRR

%

Calculate the MIRR of the project using the reinvestment approach method. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

MIRR

%

Calculate the MIRR of the project using the combination approach method. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

MIRR

%

Slow Ride Corp. is evaluating a project with the following cash flows:

Year	Cash Flow
0	$	28,500
1		10,700
2		13,400
3		15,300
4		12,400
5		8,900

The company uses a discount rate of 11 percent and a reinvestment rate of 8 percent on all of its projects.

Calculate the MIRR of the project using the discounting approach method. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

MIRR

%

Calculate the MIRR of the project using the reinvestment approach method. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

MIRR

%

Calculate the MIRR of the project using the combination approach method. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

MIRR

%