1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
PolarNik [594]
3 years ago
15

Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $72, and the book value per share is

$9. The company also has two bond issues outstanding. The first bond issue has a face value of $85 million, a coupon rate of 5 percent, and sells for 97 percent of par. The second issue has a face value of $70 million, a coupon rate of 4 percent, and sells for 109 percent of par. The first issue matures in 21 years, the second in 8 years. Both bonds make semiannual coupon payments. a. What are the company's capital structure weights on a book value basis
Business
1 answer:
Yuliya22 [10]3 years ago
8 0

Answer:

7888

Explanation:

9999

You might be interested in
You invested 50% of the wealth in stock A and the remaining 50% in stock B. The expected rates of returns on A and B are given b
tresset_1 [31]

Answer:

B. 1.291%

Explanation:

The computation of the standard deviation is shown below;

= 2000 + 2001 + 2002 +  2003

= 0.5 × 14% + 0.5 × 16% + 0.5 × 15% + 0.5 × 17% + 0.5 × 16% + 0.5 × 18% + 0.5 × 17% + 0.5 × 19%

= 15% + 16%  + 17% + 18%

= stdev( 15% + 16%  + 17% + 18%)

= 1.291%

Hence, the correct option is b.

7 0
2 years ago
Blinding Light Co. has a project available with the following cash flows: Year Cash Flow 0 −$33,790 1 8,210 2 9,890 3 14,120 4 1
oksano4ka [1.4K]

Answer: 20.15%

Explanation:

The IRR is the discount rate that makes brings the Net Present Value to zero.

It can be solved for by various means including using Excel as shown in the attached file.

Year 0      -33790

Year 1        8,210

Year 2       9,890

Year 3       14,120

Year 4       15,930

Year 5       10,820

= IRR (-33,790 , 8,210 , 9,890 , 14,120 , 15,930 , 10,820 )

= 20.15%

4 0
2 years ago
Consider two perfectly negatively correlated risky securities, X and Y. Security X has an expected rate of return of 9% and a st
Aneli [31]

Answer:

0.41

Explanation:

The computation of the weight of security Y in the minimum variance portfolio is shown below:-

Weight of security X = Standard deviation of security Y ÷ (Sum of the standard deviation of securities)

= 39% ÷ (39% + 27%)

= 39% ÷ 66%

= 59.01%

Weight of security Y = 1 - Weight of security X

= 1 - 59.01%

= 0.41

5 0
2 years ago
Tangible property is property that can be _______ and _______ possessed. (choose two correct answers)
givi [52]

Tangible property is the property that can be identified by the senses, it can be seen and possessed.

What is Tangible property?

  • To distinguish it from intangible property, tangible property is defined in law as essentially everything that can be felt.
  • This encompasses both real and personal property.
  • The term "choices in possession" refers to physical property in English law and several Commonwealth legal systems.

To learn more about Tangible property, refer to the following link:  

brainly.com/question/1286228

#SPJ4

4 0
1 year ago
LO 4.6Why is the manufacturing overhead account debited as expenses are recognized and then credited when overhead is applied?
Klio2033 [76]

Answer:

Explanation:

Manufacturing overhead records all the expenses like salaries payable which come under indirect labor. Manufacturing overhead includes all those indirect costs which are related to the factory-like - factory rent, factory repairs, depreciation on factory equipment, property taxes

For recognized expense, the journal entry would be

Factory overhead A.c Dr

        To Expenses A/c  

(Being expense recognized)

Since the cost is actually incurred so this above entry should be made

And, the journal entry for applied overhead is shown below

Work in progress inventory A/c Dr XXXXX

      To Factory overhead A/c XXXXX

(Being overhead applied is recorded)

Since applied overhead is based on predetermined overhead rate so we credit the factory overhead and debit the work in progress inventory

7 0
3 years ago
Other questions:
  • A machine was purchased at a cost of $52,000. The equipment had an estimated useful life of seven years and a residual value of
    5·1 answer
  • A stock you are evaluating just paid an annual dividend of $2.70. Dividends have grown at a constant rate of 2.4 percent over th
    10·1 answer
  • According to the law of demand, assuming other factors are held constant
    5·1 answer
  • James, age 35, did not have minimum essential coverage for any part of 2018. If James is single and has 2018 adjusted gross inco
    10·1 answer
  • One of the main implications of the four-drive theory is that: employers should give all employees the same employee benefits. e
    10·1 answer
  • Capital budgeting is a tool that explicitly incorporates the time value of money in decisions involving significant long-term in
    6·1 answer
  • John is the owner of the restaurant, The Round. He decides to increase employee motivation by introducing benefit packages. Howe
    15·1 answer
  • Gouda Company and Cheddar Company had the same sales, total costs, and income from operations for the current fiscal year; yet G
    8·1 answer
  • A government imposes a per-unit tax on light bulbs in a competitive market. Afterward, the seller's after-tax price increases fr
    14·1 answer
  • If labor costs are 60 percent of production costs, then a 15 percent increase in wage rates would increase production costs by:_
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!