Essay On Southeast Corporation

Southeast Corporation & Auto Star Southeast Corporation & Auto Star    Step 2: IRR of Southeast Corp’s Bond[pic 1]YearCash FlowYield to Maturity0 (60,000,000.00) 1 7,080,000.00  2 7,080,000.00  3 7,080,000.00  4 7,080,000.00  5 7,080,000.00  6 7,080,000.00  7 7,080,000.00  8 7,080,000.00  9 7,080,000.00  10 7,080,000.00  11 7,080,000.00  12 7,080,000.00  13 7,080,000.00  14 7,080,000.00  15 7,080,000.00  16 7,080,000.00  17 7,080,000.00  18 7,080,000.00  19 7,080,000.00  20 17,080,000.00  21 15,900,000.00  22 14,720,000.00  23 13,540,000.00  24 12,360,000.00  25 11,180,000.00    11.800%[pic 2]YearCash FlowDiscount factorPresent Value of Future Cash FlowsTime-weighted Duration.