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Easy Car Corp. is a grocery store located in the Southwest. It paid an annual dividend of $10.00 last year to its shareholders and plans

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Easy Car Corp. is a grocery store located in the Southwest. It paid an annual dividend of $10.00 last year to its shareholders and plans to increase the dividend annually at the rate of 4.0% forever. It currently has 600,000 common shares outstanding. The shares currently sell for $50 each. Easy Car Corp. also has 20,000 semiannual bonds outstanding with a coupon rate of 8.9141%, a maturity of 26 years, and a par value of $1,000. The bonds currently have a yield to maturity (YTM) of 10%. The corporate tax rate is 25 %? Donus: Enter using the 7, Tor example if you obtain ulub nen enter 10.507 9.99% 5. What is the market value of equity for the calculation of the WACC for Easy? Do not enter dollar sign. Round to the nearest dollar (no decimals). Use comma to separate thousands. 30,000,000 A 6. What is the cost of equity for Easy? Enter using the % and TWO decimal places, for example if you obtain 4.20% then enter 4.20% 0.83% What is the market value of debt to be used in the calculation of the WACC for Easy? Do not enter dollar sign. Round to the nearest dollar (no decimals). Use comma to separate thousands. A What is the value of D/V? Enter using the % and TWO decimal places, for example if you obtain 4.20% then enter 4.20% What is weighted average cost of capital (WACC) for Easy Corp.? Enter using the % and TWO decimal places, for example if you obtain 4.20% then enter 4.20%

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