CP$8-10-$ submit in Canvas $($round all answers to the nearest dollar$)$

You want to buy a $$40,000$ car today and will be making monthly payments for the

next $5$ years. What is your car payment if your borrowing rate is $6\%?$

For $2-3$ use the following:

The company issues $10\%,10-$year bonds with a total face amount of $$100,000$ with

interest paid semi$-$annually. The market rate of interest is $10\mathrm{.}1\%.$

What is the issue price of the bond? $

What is the interest expense for the first interest payment?

For $4-5$ use the following

Balance Sheet $($partial$)$ at $12/31$

Assume that the company resold $1,000$ shares of its treasury stock for $$42$ per share.

How much would additional paid in capital change?

How much would Stockhoiders' Equily change?