Maple industries has 7 percent bonds outstanding that mature in thirteen years. the bonds pay interest semiannually and have a face value of $1,000. currently, the bonds are selling for $1,021.16. what is the firm's pre-tax cost of debt? a. 6.75%
b. 6.84%
c. 6.91%
d. 7.03%
e. 7.14%
Answers: 2
Business, 22.06.2019 06:10
Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %
Answers: 2
Business, 22.06.2019 16:00
In macroeconomics, to study the aggregate means to study blank
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Business, 22.06.2019 16:50
In terms of the "great wheel of science", statistics are central to the research process (a) only between the hypothesis phase and the observation phase (b) only between the observation phase and the empirical generalization phase (c) only between the theory phase and the hypothesis phase (d) only between the empirical generalization phase and the theory phase
Answers: 1
Business, 22.06.2019 23:30
Sole proprietorships produce more goods and services than does any other form of business organization.
Answers: 2
Maple industries has 7 percent bonds outstanding that mature in thirteen years. the bonds pay intere...
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