Business, 30.11.2021 02:20 iziyahh902
Frusciante, Inc. , has 290,000 bonds outstanding. The bonds have a par value of $1,000, a coupon rate of 7 percent paid semiannually, and 8 years to maturity. The current YTM on the bonds is 7. 5 percent. The company also has 10 million shares of stock outstanding, with a market price of $23 per share. What is the company’s market value debtâ€"equity ratio?.
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Frusciante, Inc. , has 290,000 bonds outstanding. The bonds have a par value of $1,000, a coupon rat...
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