Corporate FInace Assignment/ Professional Essay Writers
May 15th, 2020
1. A Winooski Lamp Co. has borrowed $85 000 for capital expansion The commute the other maths and make payments at the time of the interest payments shirking und until the loan is retired in twenty years Interest on the loss 35% compounded quarterly, and interest on the singled is 5% compounded quarterly.
(a) Determine the same of the periodic interest expense of the debt.
[b] Determine the size of the periodic payment into the sinking fund Is What is the period cost of the debt?
(c) What is the book value of the debt after 15 years?
(a) The size of the periodic interest expense is (Round the final answer to the nearest dollar as needed. Round at Vermediate values to six decimal places as needed)
b) The sure of the periodic payment is (Round the final answer to the nearest dollar as eroded. Round Wermediate values to social places as needed)
(c) The size of the periodic costs (Round the final answer to the nearest dollar as needed. Round all intermediate values to six decimal places as needed)
(d) The book value is (Round the final to the nearest as needed. Round intermediate values to six decimal places as needed.) Get Finance Help Today
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