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Lena [83]
3 years ago
13

Jolene is graduating from high school in May. She received this offer from a university. Financial Analysis for University Costs

per Year Financial Aid Package per Year Tuition & Fees Scholarships & Grants $9,800 $11,000 Room & Board Work-Study $12,500 $5,000 Which statements about the offer are true? Check all that apply. The total cost per year is $22,300. She will need to repay $16,000 for each year of college. Financial aid will cover $16,000 for each year of college with no need to repay. Financial aid will cover $11,000 for each year of college with no need to repay. She could use money from savings or parental contributions to pay the remaining $6,300 each year. She could use a student loan to pay the remaining $6,300 each year.
Business
2 answers:
goblinko [34]3 years ago
7 0

Answer:

Explanation:

Per year is $22,300 the total.

Remaining money is $6,300 each year.

Financial aid will cover $16,000 for year of college.

She could use a student loan to pay the remaining.

kobusy [5.1K]3 years ago
6 0

Answer:

The total cost per year is $22,300.

Financial aid will cover $16,000 for each year of college with no need to repay.

She could use money from savings or parental contributions to pay the remaining $6,300 each year.

She could use a student loan to pay the remaining $6,300 each year.

Explanation:

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32,500 shares of common stock outstanding at a price per share of $80 and a rate of return of 12.95 percent. The firm has 7,350
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Answer:

WACC = 11.1%

Explanation:

The weighted Average cost of Capital is the average cost of capital for the different sources of long-term capital available to a firm weighted according to the proportion each source of finance bears to the total capital in the pool.

<em>Market of securities</em>

Common stock =  $80 × 32,500=  2,600,000.  

Preferred stock = $95.50 ×  7,350=   701,925.00  

Bond = 407,000/100 × 111.5= 453,805.00  

<em>Cost of each capital type</em>

Common stock= 12.95

Preferred stock = (7.90%× 100)/95.50= 8.3%

Bond= 8.11%× (1-0.4)=4.87%

<em>WACC</em>

Type                      Market Value          Cost           Market value  cost

Common stock   2,600,000.              12.95%         336,700.00  

Preferred            701,925.00              8.3%             58,065.00  

Bond                   4<u>53,805.00  </u>           4.87%            <u>22,100.30 </u>

Total                    <u>3,755,730.00</u>                               <u>  416,865.30</u>  

WACC = (416,865.30  / 3,755,730.00) ×  100

       = 11.1%

WACC = 11.1%

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