Question: Continued from question above, how much additional 15% debt can LG Corporation issue now to maintain its time interest earned ratio at 2.5? Assume for

 Continued from question above, how much additional 15% debt can LG
Corporation issue now to maintain its time interest earned ratio at 2.5?

Continued from question above, how much additional 15% debt can LG Corporation issue now to maintain its time interest earned ratio at 2.5? Assume for this calculation that earnings before interest and taxes remains at its present level. $66.67 million $200.00 million $266.67 million $400 million Jefferies Group has offered you the following investment opportunity: $9,500 at the end of each year for the first 6 years. $12,500 at the end of each year from year 7 through 11. How much would you be willing to pay for this investment if you require a 22% rate of retum? $35,215.50 $48,367.51 $40,941.71 $53,271.04

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