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FALL 2023 FINAL EXA X mpt.php?attempt=5537358&cmid=3757010&page=1 FIN3790101-1021320 X shboard My courses AsULearn Sites riay question Fixed assets Total assets 260 $370 FIN3690 F2023 Syllab X
FALL 2023 FINAL EXA X mpt.php?attempt=5537358&cmid=3757010&page=1 FIN3790101-1021320 X shboard My courses AsULearn Sites riay question Fixed assets Total assets 260 $370 FIN3690 F2023 Syllab X Other current liabilities Long-term debt Preferred stock Common stock (20 million shares at par) Contributed capital in excess of par Retained earnings Total liabilities and equity Module III Slide Deck X 20 128 32 20 30 110 $370 Discussions between the firm's financial officers and the firm's investment and commercial bankers have yielded the following information: The firm can borrow $40 million from its bank at a pretax cost of 13 percent. The firm can borrow $80 million by issuing bonds at a net price of $687 per bond. The bonds would carry a 10 percent coupon rate and mature in 20 years. The par value is $1,000. . Additional debt can be issued at a 16 percent pretax cost. Preferred stock can be issued at a cost of 16.5 percent. The firm expects to generate $140 million in net income and pay $2 per s
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