You want to lease a set of golf clubs from pings ltd. the lease contract is in the form of 12 equal monthly payments at an apr of 8.6 percent compounded monthly. because the clubs cost $1,800 retail, pings wants the pv of the lease payments to equal $1,800. suppose that your first payment is due immediately. what will your monthly lease payments be? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) wacc %

Aminor has the legal right to repudiate

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)