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15 PTTGC has 3700 bonds with face value of 1000. The market price of bond is now 1045 each. The yield to maturity of the
15 PTTGC has 3700 bonds with face value of 1000. The market price of bond is now 1045 each. The yield to maturity of the bond is 5%. The tax rate is 20%. The firm has 133000 shares of common stocks outstanding at a market price of 105 a share. The common stock just paid an annual dividend of 5.25 with a constant growth of dividend of 3%. What is PTTGS's weighted average cost of capital? a) 7.3% b) 6.1% c) 4.9% d) 12.0% e) 4.3% f) 3.8%
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