Sound Systems (SS) has 200,000 shares of common stock outstanding at a market price of $37 a share. SS recently paid an annual dividend in the amount of $1.20 per share. The dividend growth rate is 4 percent. SS also has 4,500 bonds outstanding with a face value of $1,000 per bond that are selling at 99 percent of par. The bonds have a 6 percent coupon and a 6.7 percent yield to maturity. If the tax rate is 34 percent, what is the weighted average cost of capital?
Answers: 1
Business, 21.06.2019 16:30, Elenegoggg
Which economic system could be characterized by the "iron fist", meaning a central authority figure has control over most of the economy? market economy command economy traditional economy free enterprise economy
Answers: 3
Business, 23.06.2019 01:30, caitlynpierce9866
Should i run away or get a boyfriend and be loved again
Answers: 3
Sound Systems (SS) has 200,000 shares of common stock outstanding at a market price of $37 a share....
Biology, 03.03.2020 02:56