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A firm's capital structure consists of a $51 million loan with an interest rate of 4.91%, a $49 million bond issue rated BB, and 99

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A firm's capital structure consists of a $51 million loan with an interest rate of 4.91%, a $49 million bond issue rated BB, and 99 million shares of common stock currently selling at $3.52 a share. The stock's beta is 1.15. 1. What is the total market value of the firm's debt? 2. What percentages do the loan and bond issue contribute to the firm's total debt? 3. What is this firm's weighted average cost of debt? A firm's capital structure consists of a $51 million loan with an interest rate of 4.91%, a $49 million bond issue rated BB, and 99 million shares of common stock currently selling at $3.52 a share. The stock's beta is 1.15. 1. What is the total market value of the firm's debt? 2. What percentages do the loan and bond issue contribute to the firm's total debt? 3. What is this firm's weighted average cost of debt

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