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7. Current Cap. Structure Proposed Cap. Structure Assets $ 15 million $15 million Debt $0 $6 million Shares O/S 600,000 ? Bond Int. Rate n/a
7. Current Cap. Structure Proposed Cap. Structure
Assets $ 15 million $15 million
Debt $0 $6 million
Shares O/S 600,000 ?
Bond Int. Rate n/a 10%
what is the ROE during a recession for the current capital structure?
A. 9.27 percent
B. 11.50 percent
C. 13.33 percent
D. 15.55 percent
E. 17.58 percent
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