Business, 18.12.2019 01:31 scottcourtney460
Dinklage corp. has 7 million shares of common stock outstanding. the current share price is $67, and the book value per share is $6. the company also has two bond issues outstanding. the first bond issue has a face value of $60 million, a coupon rate of 7 percent, and sells for 92 percent of par. the second issue has a face value of $45 million, a coupon rate of 6 percent, and sells for 104 percent of par. the first issue matures in 22 years, the second in 7 years. suppose the most recent dividend was $4.15 and the dividend growth rate is 4.2 percent. assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. both bonds make semiannual payments. the tax rate is 23 percent. what is the company’s wacc?
Answers: 3
Business, 22.06.2019 11:30
4. chef a says that broth should be brought to a boil. chef b says that broth should be kept at an even, gentle simmer. which chef is correct? a. neither chef is correct. b. chef a is correct. c. both chefs are correct. d. chef b is correct. student c incorrect which is right answer
Answers: 2
Business, 22.06.2019 13:50
Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system
Answers: 1
Business, 23.06.2019 00:10
Many years ago, sprint telecommunications aired an advertisement intended to demonstrate the clarity of reception sprint customers could expect. the ad showed a rancher, who had used a different company, complaining that he had ordered 100 oxen from his supplier and instead received 100 dachshunds. the mix-up was probably due to the presence of in the communication process.
Answers: 3
Business, 23.06.2019 02:00
Which of the following describes a situation of scarcity? a. someone offers free advice about getting into college. b. someone distributes free bottles of water at the beach. c. a child charges friends for a ride on his new bike. d. a person lets the kids in the neighborhood use his pool.
Answers: 1
Dinklage corp. has 7 million shares of common stock outstanding. the current share price is $67, and...
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