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How do I get % equity fo B17? begin{tabular}{|l|r|r|l|} hline Component & Maxwell & Barston & Notes hline Net Income (M$) & 21.00 &
How do I get % equity fo B17?
\begin{tabular}{|l|r|r|l|} \hline Component & Maxwell & Barston & Notes \\ \hline Net Income (M\$) & 21.00 & 28.00 & \\ \hline Earnings per share (EPS) & 2.00 & 2.50 & \\ \hline \# of shares (M) & 10.50 & 11.20 & Net Income / EPS \\ \hline Price per share & 11.00 & 12.00 & \\ \hline Market Value - Equity (M) & 116 & 134 & \# of shares x price per share \\ \hline Market Value - Debt (M) & 125 & 133 & \\ \hline Market Value - Total (M) & 241 & 267 & \\ \hline - \% Debt & 52% & 50% Debt as a per cent of Total MV \\ \hline - \% Equity & 0.70 & 50% Equity as a per cent of Total MV \\ \hline Beta (levered) & 0.34 & 0.30 & Bs reported in Value Line \\ \hline Beta (unlevered) & & 0.32 & Average of the two Beta (unlevered) \\ \hline Average Beta (unlevered) & & & \\ \hline Values for Wilson: & 50.0% & & \\ \hline \% Debt & & & \\ \hline \% Equity & \#DIV/0! & & \\ \hline Beta (relevered) & 3.8% & & \\ \hline Risk free rate & 6.0% & & \\ \hline Market risk premium & \#DIV/0! & & \\ \hline Expected equity return (CAPM) & 7.5% & & \\ \hline Expected cost of debt & 21.0% & & \\ \hline Tax rate & \#DIV/0! & & \\ \hline Weighed average cost of capital (WACC & & \\ \hline \end{tabular}Step by Step Solution
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