Business
Business, 07.08.2019 01:30, kateykob01

Erna corp. has 7 million shares of common stock outstanding. the current share price is $73, and the book value per share is $8. erna corp. also has two bond issues outstanding. the first bond issue has a face value of $75 million, has a coupon of 8 percent, and sells for 98 percent of par. the second issue has a face value of $55 million, has a coupon of 9 percent, and sells for 107 percent of par. the first issue matures in 23 years, the second in 7 years. a. what are erna’s capital structure weights on a book value basis? (round your answer to 4 decimal places. (e. g., 32.1616)) equity/value debt/value b. what are erna’s capital structure weights on a market value basis

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 19:30, mfkinnatz
Dollar shave club is an ecommerce start-up that delivers razors to its subscribers by mail. by doing this, dollar shave club is using a(n) to disrupt an existing market. a. innovation ecosystem b. architectural innovation c. business model innovation d. incremental innovation
Answers: 2
image
Business, 22.06.2019 19:30, cyynntthhiiaa4
Fly-by products, inc. operates primarily in the united states and has several segments. for the following segment, determine whether it is a cost center, profit center, or investment center: international operations- acts as an independent segment responsible for all facets of the business outside of the united states. select one: a. cost center b. profit center c. investment center
Answers: 2
image
Business, 22.06.2019 22:40, jonlandis6
The year is 2278, and the starship enterprise is running low on dilithium crystals, which are used to regulate the matter-antimatter reactions that propel the ship across the universe. without the crystals, space-time travel is not possible. if there is only one known source of dilithium crystals, the necessary conditions for a monopoly are met. part 2 (1 point)see hint if the crystals are government owned or government regulated, and the government wants to create the greatest welfare for society, then it should set the price choose one or more: a. so only the rich can afford space-time travel. b. at the profit-maximizing price. c. at the efficient price. d. using the marginal-cost pricing rule. e. so everyone can afford space-time travel. f. at the monopoly price.
Answers: 1
image
Business, 23.06.2019 11:30, hockeykid7583
1. what are some of the barriers alibaba is facing as it expands globally?
Answers: 3
Do you know the correct answer?
Erna corp. has 7 million shares of common stock outstanding. the current share price is $73, and the...

Questions in other subjects: