Manuel OtanoAssignment #5Florida National University 1.What is the payback if investment cost is $45,000 and the after-tax benefit is $2,000?
3.Joe Morton buys a piece of equipment for $200,000. He puts down $40,000 and finances $160,000. Joe’s opportunity cost is 4 percent, and the lender’s interest rate is 8 percent. Find the weighted average cost of capital (WACC).