A couple planning for their child's college education can fund part of or all the expected $100,000
Question:
Loan Amount, $ Interest Rate, % per year
10,000 .......... 5.0
30,000 .......... 6.0
50,000 .......... 8.0
60,000 .......... 9.0
75,000 .......... 11.0
100,000 ......... 13.0
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The lowest WACC value of 67 occurs at the debt fraction of 03 or 30000 in loans This translate...View the full answer
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