Grant Flowers has a target capital structure of 30% debt and 70% common equity, with no preferred stock. The yield to maturity on the company's outstanding bonds is 9.0%, and its tax rate is 40%. The company's WACC is estimated to be 9.5%. What is Grant Flowers cost of common equity?

Madison Retailers bonds have a $1,000 par value, an 8% semi-annual coupon, 14 years to maturity, and an 11% yield to maturity. What is the bond's price?

Pierce Lumber's stock currently sells for $38.00 a share. It just paid a dividend of $2.00 a share. The dividend is expected to grow at a constant rate of 5% a year. What is the required rate of return?

Calculate the required rate of return for Jefferson Corporation assuming that the investors expect a 3.6% rate of inflation in the future. The real risk-free rate is 1.0%, and the market risk premium is 6.0%. Jefferson Corporation has a beta of 1.5, and its realized rate of return has averaged 8.5% over the past 5 years.

Adams Corp's common stock currently trades at $30.00 per share. it is expected to pay an annual dividend of $1.00 a share at the end of the year, and the constant growth rate is 4% a year. If the company issued new stock, it would incur a 20% flotation cost. What would be the cost of equity from new stock?

A stock has a required return of 9%, the risk-free rate is 4.5%, and the market risk premium is 3%. What is the stock's beta?