You are given the following information about Jordan plc: Financial position statement at January 20X0 000 000
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You are given the following information about Jordan plc:
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Financial position statement at January 20X0 000 000 Non-current assets 1511 Current assets 672 Current liabilities 323 349 Total assets less current liabilities 1860 7% preference shares (1) 300 9% bonds (redeemable January 20X8) 650 9% bank loans Ordinary shares (50p) 560 1510 350 200 150 350 Reserves You are also given the following information: Yield on government Treasury bills 7% Company equity beta 1.21 Equity risk premium 9.1% Current ex-div ordinary share price 2.35 Current ex-div preference share price 66p Current ex-interest bond market value 105 Corporate tax rate Calculate the company's WACC using market weightings. 30%
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Related Book For
Corporate Finance Principles And Practice
ISBN: 9780273725343
5th Edition
Authors: Denzil Watson, Antony Head
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