Honeycutt co. is comparing two different capital structures. plan i would result in 12,700 shares of stock and $109,250 in debt. plan ii would result in 9,800 shares of stock and $247,000 in debt. the interest rate on the debt is 10 percent. the all-equity plan would result in 15,000 shares of stock outstanding. ignore taxes for this problem. a. what is the price per share of equity under plan i? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)b. what is the price per share of equity under plan ii? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Match each feature with the savings account type

Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above

Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?