Question: I need help with finding a correct answer for the following question Appendix B (concluded) Percent Period 13% 14% 15% 16% 17% 18% 19% 20%

I need help with finding a correct answer for the following question

I need help with finding a correct answer for the following questionAppendix B (concluded) Percent Period 13% 14% 15% 16% 17% 18% 19%20% 25% 30% 35% 40% 50% 1 0.877 0.870 0.862 0.855 0.8470.840 0.833 0.800 0.769 0.741 0.714 0.667 2 0.885 0.783 0.693 0.769

Appendix B (concluded) Percent Period 13% 14% 15% 16% 17% 18% 19% 20% 25% 30% 35% 40% 50% 1 0.877 0.870 0.862 0.855 0.847 0.840 0.833 0.800 0.769 0.741 0.714 0.667 2 0.885 0.783 0.693 0.769 0.756 0.743 0.731 0.718 0.706 0.694 0.640 0.592 0.549 0.510 0.444 3 0.675 0.658 0.641 0.624 0.609 0.593 0.579 0.512 0.455 0.406 0.364 0.296 0.198 4 0.613 0.592 0.572 0.552 0.515 0.499 0.482 0.410 0.301 0.260 0.534 0.456 0.350 0.269 5 0.543 0.519 0.497 0.476 0.437 0.419 0.402 0.328 0.223 0.186 0.132 6 0.480 0.456 0.432 0.410 0.390 0.370 0.352 0.335 0.262 0.207 0.165 0.133 0.088 7 0.425 0.400 0.376 0.354 0.333 0.314 0.296 0.279 0.210 0.159 0.122 0.095 0.059 8 0.376 0.351 0.327 0.305 0.285 0.266 0.249 0.233 0.168 0.123 0.091 0.068 0.039 9 0.333 0.308 0.284 0.263 0.243 0.225 0.209 0.194 0.134 0.094 0.048 0.026 0.067 0.050 10 0.270 0.247 0.227 0.208 0.191 0.176 0.162 0.107 0.073 0.035 0.017 0.295 0.261 11 0.237 0.215 0.195 0.178 0.162 0.148 0.135 0.086 0.056 0.037 0.025 0.012 12 0.231 0.208 0.187 0.168 0.152 0.137 0.124 0.112 0.069 0.043 0.027 0.018 0.008 13 0.204 0.182 0.163 0.145 0.130 0.116 0.104 0.093 0.055 0.020 0.013 0.005 14 0.181 0.160 0.141 0.125 0.111 0.099 0.088 0.078 0.044 0.015 0.009 0.003 0.033 0.025 0.020 0.015 15 0.160 0.140 0.123 0.108 0.095 0.084 0.074 0.065 0.035 0.011 0.006 0.002 16 0.141 0.123 0.107 0.093 0.081 0.071 0.062 0.054 0.028 0.002 0.008 0.006 17 0.125 0.108 0.093 0.080 0.069 0.060 0.052 0.045 0.023 0.012 0.001 18 0.111 0.095 0.081 0.069 0.059 0.018 0.001 0.051 0.043 0.044 0.037 0.038 0.031 0.009 0.007 0.005 0.003 0.002 0.002 19 0.098 0.083 0.070 0.060 0.051 0.014 20 0.087 0.073 0.061 0.051 0.043 0.037 0.031 0.026 0.012 0.005 0.002 25 0.047 0.038 0.030 0.024 0.020 0.016 0.013 0.010 0.004 0.001 0.001 30 0.026 0.020 0.015 0.012 0.009 0.007 0.005 0.004 0.001 0 40 0.008 0.005 0.004 0.003 0.002 0.001 0.001 0.001 0 0 50 0.002 0.001 0.001 0.001 0 0 0 0 0 0 Appendix B Present value of $1, PV PV = FV 4(1+1) Percent Period 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 1 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0.893 2 0.980 0.961 0.943 0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.812 0.797 3 0.971 0.942 0.915 0.889 0.864 0.840 0.816 0.794 0.772 0.751 0.731 0.712 4 0.961 0.924 0.888 0.855 0.823 0.792 0.763 0.735 0.708 0.683 0.659 0.636 5 0.951 0.906 0.863 0.822 0.784 0.747 0.681 0.650 0.621 0.593 0.567 6 0.942 0.888 0.837 0.790 0.746 0.705 0.713 0.666 0.623 0.630 0.564 0.535 0.507 0.596 0.547 7 0.933 0.871 0.813 0.760 0.711 0.665 0.583 0.513 0.482 0.452 8 0.923 0.789 0.731 0.627 0.582 0.540 0.502 0.467 0.434 0.404 0.853 0.837 0.677 0.645 9 0.914 0.766 0.703 0.592 0.544 0.500 0.460 0.424 0.391 0.361 10 0.905 0.820 0.744 0.676 0.614 0.558 0.508 0.463 0.422 0.386 0.352 0.322 11 0.896 0.804 0.722 0.650 0.585 0.527 0.475 0.429 0.388 0.350 0.317 0.287 12 0.887 0.788 0.701 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.286 0.257 13 0.879 0.773 0.681 0.601 0.530 0.469 0.415 0.368 0.326 0.258 0.229 14 0.870 0.758 0.661 0.577 0.505 0.442 0.388 0.340 0.290 0.263 0.239 0.232 0.299 0.275 0.205 15 0.861 0.743 0.642 0.481 0.417 0.362 0.315 0.209 0.183 0.555 0.534 16 0.853 0.728 0.623 0.458 0.394 0.339 0.292 0.252 0.218 0.188 0.163 17 0.844 0.714 0.605 0.513 0.436 0.371 0.317 0.270 0.231 0.198 0.170 0.146 18 0.700 0.587 0.494 0.416 0.350 0.296 0.250 0.212 0.153 0.130 0.836 0.828 0.180 0.164 19 0.686 0.570 0.475 0.396 0.331 0.277 0.232 0.194 0.138 0.116 20 0.820 0.673 0.554 0.456 0.377 0.312 0.258 0.215 0.178 0.149 0.124 0.104 25 0.780 0.610 0.478 0.375 0.295 0.233 0.184 0.146 0.116 0.092 0.074 0.059 30 0.742 0.552 0.412 0.308 0.231 0.174 0.131 0.099 0.075 0.057 0.044 0.033 40 0.672 0.453 0.307 0.208 0.142 0.097 0.067 0.046 0.032 0.022 0.015 0.011 50 0.608 0.372 0.228 0.141 0.087 0.054 0.034 0.021 0.013 0.009 0.005 0.003 Calculate the aftertax cost of debt under each of the following conditions. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.) Yield Corporate Aftertax Cost Tax Rate of Debt 31 % % 30% % a. b. 12.0% 13.4 % 11.5% C. 0 % % The Horizon Company will invest $67,000 in a temporary project that will generate the following cash inflows for the next three years. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Year Cash Flow 1 2 $21,000 34,000 36,000 3 The firm will also be required to spend $18,000 to close down the project at the end of the three years. a. Compute the net present value if the cost of capital is 9 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places.) Answer is complete but not entirely correct. Net present value $ 5,218.00 X

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