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If ios Corp. issues an additional $13 million of debt and uses this money to retire common stock, what will be the expected return on
If ios Corp. issues an additional $13 million of debt and uses this money to retire common stock, what will be the expected return on the stock? Assume that the change in capital structure does not affect the risk of the debt, and recall that the WACC under the initial capital structure is 8.64%. Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your answer rounded to 2 DECIMAL PLACES. Number Click "Verify" to proceed to the next part of the question. If ios Corp. issues an additional $13 million of debt and uses this money to retire common stock, what will be the expected return on the stock? Assume that the change in capital structure does not affect the risk of the debt, and recall that the WACC under the initial capital structure is 8.64%. Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your answer rounded to 2 DECIMAL PLACES. Number Click "Verify" to proceed to the next part of the
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