Answer:
Current year = 204%
Prior year = 100%
Explanation:
Detailed solution is given below
Answer:
the weighted average cost of capital is 11.57 % .
Explanation:
Market Value of Equity = Number of Common Shares Outstanding × Market Price per share
= 30,000 shares × $15
= $450,000
Market Value of Debt = Face Value × 82%
= $280,000 × 82%
= $229,600
WACC = Ke × (E/V) + Kd × (E/V)
= 14.00 % × ($450,000/ $679,600) + 6.80 % × ($229,600/ $679,600)
= 9.27 % + 2.30 %
= 11.57 %
Dollars - currency exchange market
Shares -stock markets
Wheat-commodity market
The correct answer is : Public
purchasing stock through Secondary market means that an investor could purchase the stock from other investors, ( usually through stock exchange)
currently, only Public corporations could sell their stocks in the stock exhange