{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

HallHomework7 - a 100,000 x(1-0.4 = 60,000 b 466,666.67...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
FI360: Week 7 Homework Randall Hall Problem 13-4 a. Interest payable during overlap period: a. 5,000,000 x .08 x (3/12) = 100,000 b. 40,000,000 x .07 x (2/12) = 466,666.67 c. 50,000,000 x .065 x (3/12) = 812,500 d. 100,000,000 x .09 x (6/12) = 4,500,000 e. 20,000,000 x .055 x (1/12) = 91,666.67 b. After-tax cost of overlapping interest:
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: a. 100,000 x (1-0.4) = 60,000 b. 466,666.67 x (1-0.4) = 280,000 c. 812,500 x (1-0.4) = 487,500 d. 4,500,000 x (1-0.4) = 2,700,000 e. 91,666.67 x (1-0.4) = 55,000 Problem 14-1 a. 25,000,000 b. 25,000,000 + 2,000,000 = 27,000,000 Problem 14-6 (100,000,000 *.5) / 40,000,000 = 1.25...
View Full Document

{[ snackBarMessage ]}