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Anson Jackson Court Company ( AJC ) The Anson Jackson Court ( AJC ) currently has $ 1 5 0 , 0 0 0 market
Anson Jackson Court Company AJC
The Anson Jackson Court AJC currently has $ market value and book value of perpetual debt outstanding carrying a coupon rate of Its earnings before interest and taxes EBIT are $ and it is a zero growth company. AJC's current cost of equity is and its tax rate is The firm has shares of common stock outstanding selling at a price per share of $
Refer to the data for the Anson Jackson Court Company AJC Now assume that AJC is considering changing from its original capital structure to a new capital structure with debt and equity. If it makes this change, its resulting market value would be $ What would be its new stock price per share?
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