Business, 20.12.2019 19:31, hma9153

Salmon inc. has debt with both a face and a market value of $3,000. this debt has a coupon rate of 7% and pays interest annually. the expected earnings before interest and taxes is $1,200, the tax rate is 34%, and the unlevered cost of capital is 12%. what is the firm's cost of equity?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 22:50, jonlandis6

Synovec co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 7 percent thereafter. if the required return is 11 percent, and the company just paid a dividend of $2.05, what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Answers: 2

continue

Business, 22.06.2019 15:00, WowOK417

Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii

Answers: 2

continue

Business, 22.06.2019 20:40, ninjaben

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e. g. $2.55.) diluted earnings per share

Answers: 3

continue

Business, 22.06.2019 21:20, hellodarkness14

What business practice contributed most to andrew carnegie’s ability to form a monopoly?

Answers: 1

continue

Do you know the correct answer?

Salmon inc. has debt with both a face and a market value of $3,000. this debt has a coupon rate of 7...