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Hi guys, can u guys help me with this question please. Thanks ! Studio company is considering a new project that to produce a new

Hi guys, can u guys help me with this question please. Thanks !
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Studio company is considering a new project that to produce a new line of mobile phone in July 2022. Studio's manager decided to spend $17,000,000 for initial investment. We have the capital structure for the project and market data for Studio's security as follows: Debt: 10,000 of 11 percent coupon bonds, 5 years to maturity, $1000 par value each and the bonds have Yield to maturity of 9% and make semiannual payment. Preferred stock: 5,000 shares of 7 percent preferred stock outstanding, required return of preferred stock is 11% per share, par = $100. Common stock: 100,000 shares outstanding, the beta is 1.4, recent dividend = 5$, g = 3% Retained earning: used $1,700,000 from net income of previous period Bank loans: Borrowed $1,500,000 from a local bank with the real rate of 8% Market data: 8% expected market risk premium; Treasury bill has rate of return is 5%. Tax: 40% Require: a. Calculate the price of bond, preferred stock and common stock? b. Calculate WACC? If prices of firm's securities have been calculated is the issuing prices. c. What happen to WACC if firm did not borrow money from the bank and just keep all money from net income for new project? Note that the total of net income is $3,200,000

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