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a. What is the price of a 6.5 % annual coupon bond, with a GHC1,000.00 face value, which matures in 3 years, if the required
a. What is the price of a 6.5 % annual coupon bond, with a GHC1,000.00 face value, which matures in 3 years, if the required rate of return is 3.9% and the coupons are paid semi-annually? b. Ladies Ltd has 1.4 million shares of stock outstanding. The stock currently sells for GHC 40 per share. Ladies Ltd's debts are publicly traded and were recently quoted at 93% of face value. It has a total face value of Gh 10 million and it is currently priced to yield 11%. The risk-free rate is 8% and the market risk premium is 7%. You have estimated Ladies Ltds beta as 0.74. If the corporate tax is 34%, calculate the weighted average cost of capital
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