Business, 06.05.2020 08:35 JasJackson
Wayne Industries currently has 50,000 of its 5% semi-annual coupon bonds outstanding (par value = 1000). The bonds will mature in 19 years and are currently priced at $1,120 per bond. The firm also has an issue of 1.5 million preferred shares outstanding with a market price of $30.00. The preferred shares offer an annual dividend of $2.40. Wayne Industries also has 4.5 million shares of common stock outstanding with a price of $17.50 per share. The firm is expected to pay a $1.20 common dividend 1 year from today, and that dividend is expected to increase by 5% per year forever. The firm typically pays floatation costs of 2% of the price on all newly issued securities. If the firm is subject to a 35% marginal tax rate, then what is the firm’s weighted average cost of capital?
Answers: 2
Business, 21.06.2019 13:40
Which statement best defines a grant? a grant is an educational plan in which students alternate between studying for school and gaining work experience. a grant is a loan offered to students to pay for education-related expenses. a grant is money given by an organization for a specific purpose. a grant is a loan offered to anyone who is thinking about attending college.
Answers: 1
Business, 21.06.2019 17:20
Which of the following is a disadvantage of equity alliances when compared to non-equity alliances? 1. they are reflective of weaker ties between firms.2. they do not permit the exchange of explicit knowledge.3. they are more likely to bring about lack of trust and commitment.4. they require significantly higher levels of investment.
Answers: 2
Business, 21.06.2019 19:40
Sean has placed a job ad and is now interviewing potential employees. which of the following questions is he legally allowed to ask during the interview? do you have any disabilities that will require special accommodation? how many children do you have? where did you earn your degree and how has it prepared you for this position? is this your maiden name that you have listed on the job application?
Answers: 2
Business, 22.06.2019 16:00
Three pounds of material a are required for each unit produced. the company has a policy of maintaining a stock of material a on hand at the end of each quarter equal to 30% of the next quarter's production needs for material a. a total of 35,000 pounds of material a are on hand to start the year. budgeted purchases of material a for the second quarter would be:
Answers: 1
Wayne Industries currently has 50,000 of its 5% semi-annual coupon bonds outstanding (par value = 10...
Mathematics, 04.12.2021 01:10
Computers and Technology, 04.12.2021 01:10
Mathematics, 04.12.2021 01:10
History, 04.12.2021 01:10
Mathematics, 04.12.2021 01:10
Mathematics, 04.12.2021 01:10
Mathematics, 04.12.2021 01:10
Mathematics, 04.12.2021 01:10
History, 04.12.2021 01:10
Mathematics, 04.12.2021 01:10
Computers and Technology, 04.12.2021 01:10