Question
A company has 2,800,000 shares outstanding that sell for $14.75 per share. The company's stock has a beta of 1.4. Assume the market risk premium
A company has 2,800,000 shares outstanding that sell for $14.75 per share. The company's stock has a beta of 1.4. Assume the market risk premium is 8.75%, the risk-free rate is 1.25%, and the corporate tax rate is 20%. What is this companys market value of equity?
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Investing In Fixed Income Securities Understanding The Bond Market
Authors: Gary Strumeyer
1st Edition
0471465127, 9780471465126
