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A Company has equity of $10,000,000 with 100,000 shares of stock,their net earnings are $5,000,000 and they have a PE of 15 times. The stock

A Company has equity of $10,000,000 with 100,000 shares of stock,their net earnings are $5,000,000 and they have a PE of 15 times.

The stock beta is 0.5 and the market return is 12% with a 5% risk premium.

They have $10,000,000 of debt in bonds with a market value at par and a coupon of 6%.

What is the company

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