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Given the following information. Percent of capital structure: Debt Preferred stock Common equity 30% 15 55 Additional information: Bond coupon rate 10% Bond yield
Given the following information. Percent of capital structure: Debt Preferred stock Common equity 30% 15 55 Additional information: Bond coupon rate 10% Bond yield 8% Dividend, expected common $4.00 Dividend, preferred $11.00 Price, common $55.00 Price, preferred $118.00 Flotation cost, preferred $2.80 Corporate growth rate 7% Corporate tax rate 35% Calculate the weighted average cost of capital for Genex Corporation. round your intermediate calculations and round your final answers to 2 decimal places.) Debt (Kd) Preferred stock (Kp) Common equity (Ke) Weighted Cost % Weighted average cost of capital (Ka) % (Do not
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