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Debt Bonds outstanding 120,000 Settlement date 1/1/2020 Maturity date 1/1/2045 Annual coupon rate 4.80% Coupons per year 2 Bond price (% of par) 107 Redemption
Debt | |
Bonds outstanding | 120,000 |
Settlement date | 1/1/2020 |
Maturity date | 1/1/2045 |
Annual coupon rate | 4.80% |
Coupons per year | 2 |
Bond price (% of par) | 107 |
Redemption (% of par) | 100 |
Par value ($) | $1,000 |
Common stock | |
Shares outstanding | 6,400,000 |
Beta | 1.08 |
Share price | $54 |
Preferred stock outstanding | |
Shares outstanding | 200,000 |
Coupon rate | 3.80% |
Par value | $100 |
Share price | $103 |
Market | |
Market risk premium | 7.50% |
Risk-free rate | 2.40% |
Tax rate | 22% |
Market value of debt | |
Market value of equity | |
Market value of preferred | |
Market value of firm | |
Weight of debt | |
Weight of equity | |
Weight of preferred | |
Pretax cost of debt | |
Aftertax cost of debt | |
Cost of equity | |
Cost of preferred | |
Discount rate for new project |
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