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You're trying to save to buy a new $203,000 BMW 3 series sedan. You have $53,000 today that can be invested at your bank. The
You're trying to save to buy a new $203,000 BMW 3 series sedan. You have $53,000 today that can be invested at your bank. The bank pays 5.2% annual interest on its accounts. How long will it be before you have enough to buy the car? (Do not round intermediate calculations and round your final answer to 2 decimal places.) ABC Enterprises has bonds on the market making annual payments, with nine years to maturity, and selling for $948. At this price, the yield to maturity is 5.9%. What must the coupon rate % ? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) (Omit % sign in your response.) ABC Inc. has sales of $47,000, costs of $19,900, depreciation expense of $3,400, and interest expense of $2,900. If the tax rate is 35%, what is the operating cash flow, or OCF? (Omit $ sign in your response.)
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