subject
Mathematics, 26.06.2020 16:01 joThompson

Traveler's Rest has 12,000 shares of common stock outstanding at a market price of $31.16 a share, 4,500 shares of preferred stock outstanding at $45 a share, and 500 bonds outstanding that are selling for 89 percent of their $1,000 face value. The firm's pre-tax cost of debt is 8.9 percent. The cost of equity is 14.7 percent and the cost of preferred is 8.8 percent. What is the firm's weighted average cost of capital if the tax rate is 34 percent?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 13:50
James wants to promote his band on the internet. site a offers website hosting for $4.95 per month with a $49.95 startup fee. site b offers website hosting for $9.95 per month with no startup fee. for how many months would james need to keep the website for site a to be a better choice than site b? 1. define a variable for the situation. 2. write an inequality that represents the situation. 3.solve the inequality to find out how many months he needs to keep the website for site a to be less expensive than site b. 4. using words, describe how many months he needs to keep the website for site a to be less expensive than site b.
Answers: 3
question
Mathematics, 21.06.2019 16:40
The table shows the total distance that myra runs over different time periods. which describes myra’s distance as time increases? increasing decreasing zero constant
Answers: 1
question
Mathematics, 21.06.2019 17:00
How do i do this activity, is appreciated
Answers: 3
question
Mathematics, 21.06.2019 18:00
In the polynomial below, what number should replace the question mark to produce a difference of squares? x2 + ? x - 36
Answers: 3
You know the right answer?
Traveler's Rest has 12,000 shares of common stock outstanding at a market price of $31.16 a share, 4...
Questions
question
English, 27.04.2021 23:20
question
Mathematics, 27.04.2021 23:20
question
Arts, 27.04.2021 23:20
question
Chemistry, 27.04.2021 23:20
Questions on the website: 13722359