WACC. Grey's Pharmaceuticals has a new project that will require funding of $7.3 million. The company has decided to pursue an all-debt scenario. Grey's has made agreements with four lenders for the needed financing. These lenders will advance the following amounts at the interest rates shown: Click on the Icon D in order to copy its content into a spreadsheet. Lender Amount Interest Rate Steven $2,555,146 12% Yang $2,095,642 11% Shepherd $1,778,883 8% Bailey $870,329 9% What is the weighted average cost of capital for the $7,300,000? % (Round to two decimal places.)

Cash Call is a popular payday loan company offering consumer loans in person or online.On their website, they describe the terms of a $2600 installment loan at an effective APR of 139.13% (compounded monthly). The actual terms of the loan are a principal amount borrowed of $2600 with a $75 origination fee at 135% APR compounded monthly paid back over 47 monthly payments.In your calculations, use Y = 47/12 or 3.916667. PMT= P(APR/n)/[1-(1+APR/n)^(-nY)] a. Calculate the monthly payment for a $2600 loan at 135% APR over 47 months.Monthly Payment: $ _____________b. Compute the total of all payments, not including the $75 loan fee. (Use your rounded answer from part a.)Total Payments: $ _____________c. How much of the total payments (answer to part b) is interest?Interest: $ _____________

On January​ 1, Yumati Electric borrows $700,000 at an interest rate of​ 6% today and will repay this amount by making 14 semiannual payments beginning May 31. What is the approximate amount of each payments that Yumati will need to​ make? (Use spreadsheet software or a financial calculator to calculate your answer. Do not round any intermediary​ calculations, and round your final answer to the nearest​ dollar.)

I need help with writing a formula in Excel. 6. The management has decided to go for upfront payments for 1-year instances. AWS has tie-up with eCommerceBanque Inc, wherein the bank provides loan to AWS customers for paying the upfornt payment for the reserved instance. The bank has provided loan of $2102 to the firm. The loan duration is for 1 year and the payments are required to be paid monthly (at the end). The monthly payment is $187.61 (that is the same amount charged by AWS).  (i) Enter the values of number of periods, Monthly payments, Present Value and Type in cells C32, C33, C34 and C36 respectively.  (ii) Write a formula in cell C37 to compute the monthly interest rate charged by the bank.(iii) Write a formula in cell C38 to convert the value calculated in C37 to annual rate.

tme unIount 0I Ict T ccCIvao. Question 6.2: Bank Mysarah provides a financing facility based on the principles Murabahah to the Purchase orderer to Barakah Construction. to purchase specialized equipment to be used for their business project. The financing amounted to OR 500.000 at a constant rate of return of 10% for a period of 5 years. The annual installment payment is OR 150,000. Required : a) Prepare journal entries for Bank Mysarah only for the first year and final year of the contract. b) Present a statement showing the amount of net receivable and murabahah income for the whole duration of the contract. 6.3

These are TVM questions   Answer the following questions and use the excel finance function to answer the questions. show the excel equation.   1.  Payday loans are very short-term loans that charge very high interest rates. You can borrow $500  today and repay $575 in two weeks. What is the compound annual rate implied by this 15 percent rate charged for only two weeks?      2. Payday loans are very short-term loans that charge very high interest rates. You can borrow $200 today and repay $225 in two weeks. What is the compound annual rate implied by this 12.5 percent rate charged for only two weeks?      3. What is the interest rate of a 4-year, annual $1,000 annuity with present value of $3,500?           4. Mr. Jones decides to purchase a car for $10,000.  The dealer offers to finance the car at 8% interest over a 4 year period.  What is the payment amount that Mr. Jones would be expected to pay?      5. You wish to buy a $20,000 car. The dealer offers you a 5-year loan with a 5…

Hot Dog World is able to raise funds by issuing commercial paper with a face value of $500,000. If commercial paper is issued, the simple interest rate will be 4.5%, the time maturity woul dbe 90 days, and the compnay woul dhave tp pay a transaction fee equal to 0.75% of the issue which would be taken out of the issue amount. Compute the commercial paper's APR and rEAR.

The Johns Hopkington Hospital needs to borrow $3,000,000 to purchase an MRI.  The interest rate for the loan is 6%.  Principal and interest payments are equal debt service payments, made on an annual basis.  The length of the loan is 5 years.  The CFO of Johns Hopkington wants to develop a loan amortization schedule for this debt borrowing for tomorrow morning's meeting.  Prepare such a schedule using Appendix G.   For your entry in Blackboard, you will enter your calculated interest expense and principal payments for years 1-5.  Consider emailing me your amortization schedule in case there are errors.Year 1:  interest expense and principal paymentYear 2: interest expense  and principal paymentYear 3: interest expense  and principal payment Year 4: interest expense  and principal payment Year 5: interest expense and principal payment

Maris Bank has analyzed the accounts receivable of Anthony Software, Inc. The bank has chosen eight accounts totaling $134,000 that it will accept as collateral. The bank’s terms include a lending rate set at prime 3% and a 2% commission charge. The prime rate currently is 8.5%. Show Solutions and Explanation. A. The bank will adjust the accounts by 10% for returns and allowances. It then will lend up to 85% of the adjusted acceptable collateral. What is the maximum amount that the bank will lend to Anthony Software? (Format: 111,111) B. What is Anthony Software’s effective annual rate of interest if it borrows $100,000 for 12 months? (Note: Assume a 365-day year and a prime rate that remains at 8.5% during the life of the loan.) (Format: 11.1%)

Maximum Bank has analyzed the accounts receivable of Scientific Software, Inc. The bank has chosen eight accounts totaling $134,000 that it will accept as collateral. The bank’s terms include a lending rate set at prime 3% and a 2% commission charge. The prime rate currently is 8.5%. 1.The bank will adjust the accounts by 10% for returns and allowances. It then will lend up to 85% of the adjusted acceptable collateral. What is the maximum amount that the bank will lend to Scientific Software? Format: 111,111 2.What is Scientific Software’s effective annual rate of interest if it borrows $100,000 for 12 months? (Note: Assume a 365- day year and a prime rate that remains at 8.5% during the life of the loan.) Format: 11.1%