Question
I have chosen Apple Inc (AAPL): AAPL stock price $110.08, dividend $0.82/share, Beta 1.28, shares outstanding 17,102,536,000, risk-free rate 1.25%, market risk premium 7%, market
I have chosen Apple Inc (AAPL):
AAPL
stock price $110.08, dividend $0.82/share, Beta 1.28, shares outstanding 17,102,536,000, risk-free rate 1.25%, market risk premium 7%, market value of equity $1,882,647,162,880 and CAPM 10.21%
Create hyperlinks to the FINRA bond quote website and the SEC EDGAR database and find the information for the company's bonds. Create a table that calculates the cost of debt for the company. Assume the tax rate is 35 percent. Find the values below the table.
Maturity | YTM | Quoted Price | Book Value | Market Value | Market Value Weight | Weighted cost of debt |
Total market value = | cost of debt = |
Tax rate:
Aftertax cost of debt:
Cost of equity:
market value of equity:
Aftertax cost of debt:
Market value of debt:
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