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21.Company ABC information is as follows: Stock price 40 baht per share Number of shares 250 million shares The amount of interest bearing debt of

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image text in transcribed 21.Company ABC information is as follows: Stock price 40 baht per share Number of shares 250 million shares The amount of interest bearing debt of the company 2,400 million baht total liabilitie) 4,000 million baht total equity 3,500 million baht Beta of company stock ABC 1.60 20% corporate income tax rate 2.25% annual bond yield The average stock market return is 6.50% per year higher than bond yields. 1)Total value of assets or Firm Value Answer...... million baht 2) After-tax cost of debt Answer .........\% per year 3) Cost of Equity Answer........ \% per year 4) Wd Answer ........ \% per year 5) We Answer.......... 5% per year 6) Company's "Cost of Finance (WACC)

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