Business, 01.03.2021 19:00 musfirahkhurram

Filer Manufacturing has 8.1 million shares of common stock outstanding. The current share price is $51, and the book value per share is $4. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $69.6 million and a coupon rate of 6.8 percent and sells for 108.5 percent of par. The second issue has a face value of $59.6 million and a coupon rate of 7.3 percent and sells for 108.5 percent of par. The first issue matures in 8 years, the second in 27 years. Suppose the company’s stock has a beta of 1.2. The risk-free rate is 2.9 percent, and the market risk premium is 6.8 percent. Assume that the overall cost of debt is the weighted average implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate is 35 percent. What is the company’s WACC?

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 21:00

In order to minimize project risk which step comes after the step of identifying risks

Answers: 1

Answer

Business, 21.06.2019 21:30

An office manager is concerned with declining productivity. despite the fact that she regularly monitors her clerical staff four times each day—at 9: 00 am, 11: 00 am, 1: 00 pm, and again at 3: 00 pm—office productivity has declined 30 percent since she assumed the helm one year ago. would you recommend that the office manager invest more time monitoring the productivity of her clerical staff? explain.

Answers: 3

Answer

Business, 22.06.2019 02:40

The following accounts are denominated in pesos as of december 31, 2015. for reporting purposes, these amounts need to be stated in u.s. dollars. for each balance, indicate the exchange rate that would be used if a translation is made under the current rate method. then, again for each account, provide the exchange rate that would be necessary if a remeasurement is being made using the temporal method. the company was started in 2000. the buildings were acquired in 2002 and the patents in 2003. (round your answers to 2 decimal places.) exchange rates for 1 peso are as follows: 2000 1 peso = $ 0.28 2002 1 = 0.26 2003 1 = 0.25 january 1, 2015 1 = 0.24 april 1, 2015 1 = 0.23 july 1, 2015 1 = 0.22 october 1, 2015 1 = 0.20 december 31, 2015 1 = 0.16 average for 2015 1 = 0.19

Answers: 3

Answer

Business, 22.06.2019 18:30

> > objectives define federalism and explain why the framers adopted a federal system instead of a unitary system. categorize powers delegated to and denied to the national government, and powers reserved for and denied to the states, and the difference between exclusive and concurrent powers.

Answers: 1

Answer

You know the right answer?

Filer Manufacturing has 8.1 million shares of common stock outstanding. The current share price is $...

Questions