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complete the following analysis. do not hard code values in your calculations. leave basis blank in the yield function. you must use the built-in excel
complete the following analysis. do not hard code values in your calculations. leave basis blank in the yield function. you must use the built-in excel function to answer this question.
D37 1 2 4 5 6 7 8 9 10 11 A fx B C D E F G H J Dinklage Corp. has 8 million shares of common stock outstanding. The current share price is $73. The most recent dividend was $3.90 and the dividend growth rate is 6 percent. The company also has two bond issues outstanding. The first bond issue has a face value of $85 million, a 7 percent coupon, and sells for 97 percent of par. The second issue has a face value of $50 million, an 8 percent coupon, and sells for 108 percent of par. The first issue matures in 21 years, the second in 6 years. What are the company's capital structure weights on a market value basis? Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate is 21 percent. What is the company's WACC? 8,000,000 Shares outstanding Market price per share 73 Dividend Growth rate First bond issue: Book value SS Styles LA 3.90 6% 85,000,000 to.mheducation.com/ext/map/index tml?_con=con&external_browser=0&launc Saved Growth rate First bond issue: Book value Coupon rate Bond price (% of par) Redemption value (% of par) Settlement date Maturity date Payments per year Second bond issue: Book value Coupon rate Bond price (% of par) Redemption value (% of par) Settlement date Maturity date Payments per year Tax rate $ D 6% 85,000,000 7.00% 97 100 01/01/00 01/01/21 2 50,000,000 8.00% 108 100 01/01/00 01/01/06 2 21% 28 29 30 31 32 33 WEH 34 35 36 37 38 39 40 41 42 43 44 45 46 47 Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the YIELD function. You must use the built-in Excel function to answer this question. Market value of equity $ 584,000,000 Market value of first bond $ 82,450,000 Market value of second bond 54,000,000 Market value of debt & equity Market value weight of equity Market value weight of first bond Market value weight of second bond Cost of equity Protav cost of first hond ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&la Saved i B C E Market value of debt & equity Market value weight of equity Market value weight of first bond Market value weight of second bond Cost of equity Pretax cost of first bond Aftertax cost of first bond Pretax cost of second bond Aftertax cost of second bond WACC D please answer wirh excel functions column D
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