Suppose a firm has 49.00 million shares of common stock outstanding at a price of $13.80 per share. The firm also has 410000.00 bonds outstanding with a current price of $1,056.00. The outstanding bonds have yield to maturity 6.31%. The firm's common stock beta is 2.33 and the corporate tax rate is 38.00%. The expected market return is 9.11% and the T-bill rate is 1.74%. Compute the following:
|
Get Answers For Free
Most questions answered within 1 hours.