The Camelot Corporation is considering raising funds to finance a new capital budgeting project. As part of the funds raised, Camelot wants to sell new bonds with a par value of $1,000, 25 years to maturity, and a coupon interest rate, paid annually, equal to 5.25%. Camelot has determined it will incur a flotation cost of 2% of par. Camelot is in the 21% marginal tax rate. Find the before-tax and after-tax cost of new debt and the required return for the new creditors.

Tara and her parents want to save at least $40,000 for college in 8 years. which statement describes the most effective savings plan for tara and her parents to meet their goal? tara and her parents should make deposits of $300 every month into a college savings account. tara and her parents should make deposits of $450 every month into a college savings account. tara and her parents should make deposits of $3,000 every year into a college savings account. tara and her parents should make deposits of $4,000 every year into a college savings account