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19. Office Equipment Inc. has a target capital structure of 30% debt, 15% preferred stock and 55% common equity. Its before tax cost of debt

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19. Office Equipment Inc. has a target capital structure of 30% debt, 15% preferred stock and 55% common equity. Its before tax cost of debt is 8% and its marginal tax rate is 25%. The current price per share of Office Equipment Ine's common stock is $24; its last dividend was Do =$1.80 and is expected to grow at a 5% constant rate. The firm's current preferred stock price is $11 per share and pays a preferred dividend of $1.00. What is Office Equipment Inc.'s WACC? 20. Listed below are some provisions that are often contained in bond indentures. Which of these provisions, viewed alone, would tend to reduce the yield to maturity that investors would otherwise require on a newly issued bond

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