A company has the following balance sheet in summary (external accounting):
Assets                                    1,600
Shoulder                               1,000
Share capital                        100
Other owncapital                500
Total debts andequity       1,600
The loan interest rates (assume 7%) according to the loan contract, etc. are as large as the corresponding market interest rates with regard to risk and time perspective. The total value of the company's shares on the stock exchange is 1,600. The owners' required return is 14%. Tax rate 28%.
Choose an alternative:

1. 11.31%
2. 9.75%
3. 8.14%
4. 10.55%