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a . The after - tax cost of debt using the bond's yield to maturity ( YTM ) is . ( Round to two decimal
a The aftertax cost of debt using the bond's yield to maturity YTM is Round to two decimal places.
The aftertax cost of debt using the approximation formula is Round to two decimal places.
b The cost of preferred stock is
Round to two decimal places.
c The cost of retained earnings is
Round to two decimal places.
The cost of new common stock is
Round to two decimal places.
d Using the cost of retained earnings, the firm's WACC is
Round to two decimal places.
Using the cost of new common stock, the firm's WACC is
Round to two decimal places.
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