fill in remaining boxes and show equations used please (stock price is $10.93/share)
What is the Cost of Capital for MGM? Information on MGM as Comparable Tax Rate 20% Debt (BV) 13,470 Debt Price (% of Par) Debt (MV) Current Debt Information Coupon 11% Maturity (yrs) 5 UST 5yr Yield 1% Spread 7% Par 100 488.83 $10.93 # of Shares Share Price Equity (MV) . Current Equity Information Risk Free (30 yr UST Yield) Equity Market Premium Mkt Beta 3% 6% 3.65 MGM's WACC Weights After tax Costs Capital Structure Debt Equity Sum WACC = D/E Market Levered Mkt Beta Unlevered Beta? Period End Date Simt Source Stmt Source Date Simt Update Type 2011 12/31/2017 10-K 02/29/2012 Updated Assets Cash and Short Term Investments 1,865.91 Total Receivables, Net 491.73 112.74 251.28 Total Inventory Prepaid Expenses Other Current Assets. Total Total Current Assets 91.06 2,812.72 Property/PlantEquipment, Total - Net Goodwill, Net Intangibles, Net Long Term Investments Nole Receivable - Long Term Other Long Term Assets, Total Other Assets, Total Total Assets 14,866.64 2,896.61 5,048.12 1,635.57 0.0 506.61 0.0 27,766.28 170.99 0.0 Liabilities and Shareholders' Equity Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port of LT Debt/Capital Leases Other Current Liabilities. Total Total Current Liabilities 1,468.41 0.0 0.0 105.36 1,744.76 Total Long Term Debt Deferred Income Tax Minority Interest Other Liabilities, Total Total Liabilities 13,470.17 2,502.1 3,795.64 167.03 21,679.7 Redeemable Preferred Stock Preferred Stock - Non Redeemable, Net Common Stock Additional Paid-in Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Other Equity. Total Total Equity 0.0 0.0 4.89 4,094.32 1,981.39 0.0 0.0 0.0 5.98 6,086.58 Bote 1,70.17 G H Total Long Tem Deo Deferred Income Tax Minority Interest Other Liabilities. Total Total Liabilities 2,502.1 3,795.64 167.03 21,679.7 0.0 0.0 Redeemable Preferred Stock Preferred Stock - Non Redeemable, Net Common Stock Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Other Equity. Total Total Equity 4.89 4,094.32 1,981.39 0.0 0.0 0.0 5.98 6,086.58 Total Liabilities & Shareholders' Equity 27,766.28 488.83 Total Common Shares Outstanding Total Preferred Shares Outstanding 0.0 Stock = Price $10.93 What is the Cost of Capital for MGM? Information on MGM as Comparable Tax Rate 20% Debt (BV) 13,470 Debt Price (% of Par) Debt (MV) Current Debt Information Coupon 11% Maturity (yrs) 5 UST 5yr Yield 1% Spread 7% Par 100 488.83 $10.93 # of Shares Share Price Equity (MV) . Current Equity Information Risk Free (30 yr UST Yield) Equity Market Premium Mkt Beta 3% 6% 3.65 MGM's WACC Weights After tax Costs Capital Structure Debt Equity Sum WACC = D/E Market Levered Mkt Beta Unlevered Beta? Period End Date Simt Source Stmt Source Date Simt Update Type 2011 12/31/2017 10-K 02/29/2012 Updated Assets Cash and Short Term Investments 1,865.91 Total Receivables, Net 491.73 112.74 251.28 Total Inventory Prepaid Expenses Other Current Assets. Total Total Current Assets 91.06 2,812.72 Property/PlantEquipment, Total - Net Goodwill, Net Intangibles, Net Long Term Investments Nole Receivable - Long Term Other Long Term Assets, Total Other Assets, Total Total Assets 14,866.64 2,896.61 5,048.12 1,635.57 0.0 506.61 0.0 27,766.28 170.99 0.0 Liabilities and Shareholders' Equity Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port of LT Debt/Capital Leases Other Current Liabilities. Total Total Current Liabilities 1,468.41 0.0 0.0 105.36 1,744.76 Total Long Term Debt Deferred Income Tax Minority Interest Other Liabilities, Total Total Liabilities 13,470.17 2,502.1 3,795.64 167.03 21,679.7 Redeemable Preferred Stock Preferred Stock - Non Redeemable, Net Common Stock Additional Paid-in Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Other Equity. Total Total Equity 0.0 0.0 4.89 4,094.32 1,981.39 0.0 0.0 0.0 5.98 6,086.58 Bote 1,70.17 G H Total Long Tem Deo Deferred Income Tax Minority Interest Other Liabilities. Total Total Liabilities 2,502.1 3,795.64 167.03 21,679.7 0.0 0.0 Redeemable Preferred Stock Preferred Stock - Non Redeemable, Net Common Stock Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Other Equity. Total Total Equity 4.89 4,094.32 1,981.39 0.0 0.0 0.0 5.98 6,086.58 Total Liabilities & Shareholders' Equity 27,766.28 488.83 Total Common Shares Outstanding Total Preferred Shares Outstanding 0.0 Stock = Price $10.93
