Binder Corp. has invested in new machinery at a cost of $1,4…

Binder Corp. has invested in new machinery at a cost of $1,450,000. This investment is expected to produce cash flows of $640,000, $715,250, $823,330, and $907,125 over the next four years. What is the payback period for this project? (Round your answer to two decimal places.) 

Regatta, Inc., has six-year bonds outstanding that pay an 8….

Regatta, Inc., has six-year bonds outstanding that pay an 8.25 percent coupon rate. Investors buying the bond today can expect to earn a yield to maturity of 6.875 percent. How much will you be willing to pay for Regatta’s bond today? Assume annual coupon payments. (Do not round intermediate computations. Round your final answer to the nearest dollar.) 

Swirlpool, Inc. has found that its cost of common equity cap…

Swirlpool, Inc. has found that its cost of common equity capital is 18 percent, and its cost of debt capital is 8 percent. The firm is financed with 60 percent common shares and 40 percent debt. What is the after-tax weighted average cost of capital for Swirlpool, if it is subject to a 40 percent marginal tax rate?