You are given the following information on Parrothead Enterprises:
Debt:
8,500 7.1 percent c...
![subject](/tpl/images/cats/ekonomika.png)
You are given the following information on Parrothead Enterprises:
Debt:
8,500 7.1 percent coupon bonds outstanding, with 24 years to maturity and a quoted price of 106.75. These bonds pay interest semiannually and have a par value of $2,000.
Common stock:
280,000 shares of common stock selling for $65.60 per share. The stock has a beta of 1.06 and will pay a dividend of $3.80 next year. The dividend is expected to grow by 5.1 percent per year indefinitely.
Preferred stock:
9,100 shares of 4.55 percent preferred stock selling at $95.10 per share. The par value is $100 per share.
Market:
10.9 percent expected return, risk-free rate of 4.15 percent, and a 21 percent tax rate.
Required:
Calculate the company's WACC.
![ansver](/tpl/images/cats/User.png)
Answers: 2
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 17:10
Which statement describes a monopoly? many firms produce identical products with no control over the market price. many firms produce differentiated products with control over market price. a single firm produces a product with no close substitutes and control over the market price. a single firm produces a product with many close substitutes and limited control over the market price.
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 06:40
Depreciation on the company's equipment for 2017 is computed to be $18,000.the prepaid insurance account had a $6,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of the company's insurance policies showed that $1,100 of unexpired insurance coverage remains.the office supplies account had a $700 debit balance on december 31, 2016; and $3,480 of office supplies were purchased during the year. the december 31, 2017, physical count showed $300 of supplies available.two-thirds of the work related to $15,000 of cash received in advance was performed this period.the prepaid insurance account had a $6,800 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $5,800 of coverage had expired.wage expenses of $3,200 have been incurred but are not paid as of december 31, 2017.
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 12:00
Need today! will get brainliest for right answer! compare and contrast absolute advantage and comparative advantage.
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 17:30
The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?
Answers: 1
You know the right answer?
Questions
![question](/tpl/images/cats/mat.png)
Mathematics, 07.10.2019 22:40
![question](/tpl/images/cats/himiya.png)
Chemistry, 07.10.2019 22:40
![question](/tpl/images/cats/mat.png)
Mathematics, 07.10.2019 22:40
![question](/tpl/images/cats/mat.png)
Mathematics, 07.10.2019 22:40
![question](/tpl/images/cats/istoriya.png)
History, 07.10.2019 22:40
![question](/tpl/images/cats/himiya.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mkx.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 07.10.2019 22:40
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 07.10.2019 22:40
![question](/tpl/images/cats/biologiya.png)
Biology, 07.10.2019 22:40
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 07.10.2019 22:40
![question](/tpl/images/cats/himiya.png)
Chemistry, 07.10.2019 22:40
![question](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 07.10.2019 22:40
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/fizika.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 07.10.2019 22:40