D Question 6 Travis International Has A Debt Payment Of 2 22 Million That It Must Make 6 Years From Today The Company 1 (25.29 KiB) Viewed 23 times
D Question 6 Travis International Has A Debt Payment Of 2 22 Million That It Must Make 6 Years From Today The Company 2 (25.29 KiB) Viewed 23 times
D Question 6 Travis International Has A Debt Payment Of 2 22 Million That It Must Make 6 Years From Today The Company 3 (26.33 KiB) Viewed 23 times
D Question 6 Travis International has a debt payment of $2.22 million that it must make 6 years from today. The company does not want to come up with the entire amount at that time, so it plans to make equal monthly deposits into an account starting 1 month from now to fund this liability. If the company can earn a return of 4.73 percent compounded monthly, how much must it deposit each month? A $26,725.08 OR$28.506.75 OC $30,833.33 3.33 pts OD. $27,383.62 OE $26.620.15
D Question 8 3.33 pts Setrakian Industries needs to raise $96.2 million to fund a new project. The company will sell bonds that have a coupon rate of 6.04 percent paid semiannually and that mature in 30 years. The bonds will be sold at an initial YTM of 6.85 percent and have a par value of $2,000. How many bonds must be sold to raise the necessary funds? (Round your intermediate calculations to two decimal places and final answer to the nearest whole number.) OA 66.997 bonds O8 53.598 bonds OC 48,100 bonds OD 185,900 bonds OE 96,200 bonds
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