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ANIMAN Co. memiliki 9 juta lembar saham biasa, 200.000 lembar saham preteren dengan dividen senilai $2 pertahun, dan 150.000 obligasi dengan kupon 8 persen semi-annual
ANIMAN Co. memiliki 9 juta lembar saham biasa, 200.000 lembar saham preteren dengan dividen senilai $2 pertahun, dan 150.000 obligasi dengan kupon 8 persen semi-annual senilai $1.000 masing-masing. Saham biasa perusahaan baru terjual senilai $30 per lembar dan memiliki beta 1.3, sedangkan harga saham preferen adalah $85 per lembar. Obligasi perusahaan memiliki jatuh tempo hingga 20 tahun ke depan dan terjual senilai $ 1.200. Yield to Maturity dari obligasi diasumsikan sama dengan kupon nya. Premi risiko pasar adalah 8%, T-bills (risk-free) memberikan imbal hasil senilai 5% dan tingkat pajak perusahaan adalah 30%. a. Bagaimanakah komposisi struktur modal ANTMAN Co.? Berapa persen hutang dan berapa persen ekuitas? b. Apabila perusahaan memutuskan untuk tidak menerbitkan saham preferen, bagaimana dampaknya terhadap biaya modal perusahaan? Problem 3 Sub CPMK. KAI Weighted Score: 2506 ANTMAN Co. owns 9 million shares of common stock, 200,000 shares of preferred stock with dividends of $ 2 per year, and 150,000 semi-annual coupon bonds of 8 percent $ 1,000 each. The new company's common stock sold for $ 30 per share and has a beta of 1.3, while the price of the preferred stock is $ 85 per share. Bond the company has a maturity date of 20 years and sells for $ 1,200. Yield The to maturity of the bond is assumed to be the same as the coupon The market risk premium is 8%, T-bills (risk-free ) provide a return of 5% and the corporate tax rate is 30%. a What is the composition of ANTMAN Co.'s capital structure? What percentage of debt and what percentage of equity? b. If the company decides not to issue preferred stock, how? the impact on the company's capital costs
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