1. Suppose you find a fund that offers an APR of 6%. How much should you deposit monthly to accumulate ?$81,000 in 17 years? You should invest how much $ each month? ?(Do not round until the final answer. Then round to two decimal places as? needed.)
2. Suppose that a company's equity is currently selling for $24.50 per share and that there are 3.2 million shares outstanding. If the firm also has 12.0 thousand bonds outstanding, which are selling at 93.0 percent of par, what are the firm's current capital structure weights for equity and debt respectively?