Business, 10.12.2019 23:31 clara38

Western electric has 21,000 shares of common stock outstanding at a price per share of $61 and a rate of return of 15.6 percent. the firm has 11,000 shares of $8 preferred stock outstanding at a price of $48 a share. the outstanding debt has a total face value of $275,000 and currently sells for 104 percent of face. the yield to maturity on the debt is 8.81 percent. what is the firm's weighted average cost of capital if the tax rate is 35 percent

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 01:20

As a project manager for a large construction company, shaun decided to make the performance appraisal process as painless as possible for his crew. he spent a considerable amount of time creating performance standards he felt were reasonable, and after six months' time, he scheduled individual appointments with each worker to discuss strengths and weaknesses and areas that needed improvement according to the standards he privately set. some employees were sent to vestibule training, and one even got a promotion with additional compensation. what did he fail to do correctly

Answers: 2

Answer

Business, 22.06.2019 11:30

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Answers: 1

Answer

Business, 22.06.2019 20:30

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.

Answers: 3

Answer

Business, 22.06.2019 23:10

Mr. pines is considering buying a house and renting it to students. the yearly operating costs are $1,900. the house can be sold for $175,000 at the end of 10 years and it is considered 18% to be a suitable annual effective interest rate. if the house costs $100,000 to purchase, how much would you need to charge your tenants each year in rent? (assume a single payment for the years rent at the end of each year)

Answers: 1

Answer

You know the right answer?

Western electric has 21,000 shares of common stock outstanding at a price per share of $61 and a rat...

Questions