burry olz

Fill all the blanks in percentage points rounding to two decimals for example if the answer is 11.523358% you must include 11.52 (Do not include the % sign) The New Frontier Corporation, a Canadian pharmaceutical firm, is considering producing and marketing a new cancer treatment drug. New Frontier's tax rate is 40% and its capital structure is comprised of bonds, preferred stock, and common shares. The firm has one million bonds outstanding, each with a face value of $1,000. The coupon rate on these bonds, which stipulate annual payment, Is 8%. The bonds mature 20 years from now. The bonds are currently trading at a market price of $850. The firm has 15 million preferred shares outstanding, with an annual dividend of $3 per share. The preferred shares are trading at a price of $31. The firm has 125 million common shares outstanding, which are currently trading at a market price per share of $40. The firm paid an annual dividend per share of $2.10 during the recently concluded year. This contrasts with the annual dividend per share paid one year ago, which amounted to $1.95. This same historical growth rate on dividend per share is expected to continue essentially forever. Additional information states that the project's IRR Is equal to 13%. The company AFTER tax cost of debt is The company cost of equity is The company cost of preferred shares is A/ The weight of equity is Based in your WACC calculation and comparing with the IRR, does the company accept the project? (answer yes or no)