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
Fynjy0 [20]
3 years ago
9

The company has 7 million shares of common stock outstanding. The current share price is $68, and the book value per share is $8

. The company also has two bond issues outstanding. The first bond issue has a face value of $70 million, a coupon rate of 6%, and sells for 97% of par. The second issue has a face value of $40 million, a coupon rate of 6.5%, and sells for 108% of par. The first issue matures in 21 years, the second in 6 years. Suppose the most recent dividend was $3.25 and the dividend growth rate is 5%. Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate is 21%. What is the company’s WACC?
Business
1 answer:
Juli2301 [7.4K]3 years ago
7 0
I’m not sure about this question. Try doing an image search of searching key terms
You might be interested in
The most liquid monetary aggregate is: ___.
Alex17521 [72]

M1 is the most liquid monetary aggregate.

A measure of the money supply in an economy is called an aggregate of money. To standardized monetary aggregates in the US, the following labels are applied:

MO The monetary base, usually referred to as the physical money supply or coinage and bank reserves maintained by the central bank,

M1: M0 in its whole plus traveler's checks and demand deposits

All of M1, money market securities, and savings accounts are considered M2.

Despite not being frequently noticed and being distinct from the money supply, the monetary base is a crucial monetary aggregates. The total amount of money in circulation as well as the fraction of commercial bank reserves that is kept on hand by the central bank are included. Since it may be multiplied using the fractional reserve banking system, this is also sometimes referred to as high-powered money (HPM).

Learn more about monetary aggregates here

brainly.com/question/10706198

#SPJ4

7 0
1 year ago
When a donor makes a gift in trust, who is considered the done?
BartSMP [9]

Answer:

yeet

Explanation:

5 0
3 years ago
Helo more points!!!!!!!!!<br> Stay safe
nalin [4]

Answer:

ty

Explanation:

I finaly got some

3 0
3 years ago
Read 2 more answers
Instead of treating mobile commerce and traditional retailing as separate retail channels, the National Retail Federation recomm
Hitman42 [59]

Answer:

Omni-channel

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question the integrated strategy being described within the question is called Omni-channel retailing. This is a strategy that emphasizes simultaneous communication between different communication channels and their supporting resources in order to provide a better user experience.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
On January 1st, 2019, Pizza Company awarded 5 million of its no par common shares to key personal. The award is subject to forfe
Allisa [31]

Answer:

A. Debit Compensation Expense $10,000,000

Credit PIC-Excess Par $10,000,000

Explanation:

The total cost of the stock options granted is allocated to the respective years in which the stock compensation relates as below:

Total stock compensation=market value per share on grant date*number of stock options

Total stock compensation=$10*5,000,000=$50,000,000

compensation expense allocated per year=$50,000,000/5

compensation expense per year=$10,000,000

6 0
3 years ago
Other questions:
  • In IBP Exercise 09-03 you ran an MRP to produce only the Silver Deluxe Touring Bikes. Now, you can pick up where you left off an
    14·1 answer
  • Schumacher Industries Inc. manufactures recreational vehicles. Schumacher Industries uses a job order cost system. The time tick
    7·1 answer
  • 2. Selected data from the Carmen Company at year end are presented below: Total assets $2,000,000 Average total assets 2,200,000
    6·1 answer
  • How does specialization affect voluntary exchange between countries?
    5·1 answer
  • On a bank's T-account:________.
    7·1 answer
  • Generally Accepted Accounting Principles (GAAP) are not routinely used in health care organizations. Group of answer choices Tru
    14·1 answer
  • There are no preferred dividends in arrears, the balances in the Accounts Receivable and Inventory accounts are unchanged from J
    8·1 answer
  • Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States including​ Char
    9·1 answer
  • On January 1, 20A, two individuals invested $200,000 each to form Reiner Corporation. Reiner had total revenues of $20,000 durin
    11·1 answer
  • In 2017, Hurricane Irma had a significant, negative impact on the orange harvest in the state of Florida. The U. S. Department o
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!