Congratulations! You have just graduated from college and are determining what your monthly student loan payments will be. After consolidating all of your loans, you have a balance of $18,000. At 8% APR for 10 years, what will your monthly payments be?

Which of the following states a disadvantage of debt financing for a corporation?

A. Interest on debt is a tax deductible expense. B. Debt must be repaid at fixed times even if the entity is not profitable. C. Upon liquidation of a corporation, the holders of debt securities receive no more than the amount of their claims. D. Debt securities do not usually provide voting rights and therefore do not dilute the shareholder's control of the corporation.

The probability of A, given B, must be at least as large as the probability of the intersection of A and B

Indicate whether the statement is true or false