Jon January 2, Halftime Equipment declared a $2-per-share quarterly dividend payable on March 7 stockholders of record on Friday, February 10, with an ex-dividend date two days prior. What is the latest date by which you could purchase the stock and still get the recently declared dividend? February 6 February 7 February 8 February 9 E February 10 The Kran & Beari Company is financed by $4 million (market value) in debt and $6 million (market value) in 8 equity. The yield to maturity on bonds averages 5% and the cost of equity is 12%, Calculate the weighted average cost of capital if the tax rate is 27%. 12.0% 9.2% B 8.7% 17.0% 12.4% Chris owns 400 shares of Cringle Confections stock, which is valued at $13 a share. Cringle just declared a 9 stock dividend of 4%. How many shares will Chris own, and what will be the price per share after the dividend? 385; $12.50 385; $13.00 416; $12.50 416; $13.00 416; $13.50 Holiday Innovations has 46,000 shares of stock outstanding at a price per share of $3.00. What will be the 10 price per share if the firm declares a 2-for-15 reverse stock split? 12.50 18.33 %2$ 26.25 22.50 45.00 A firm has a weighted average cost of capital of 11.28% and a cost of equity of 14.7 %. The debt-equity ratio is .72. There are no taxes. What is the firm's cost of debt? 6.53% 6.27% 6.44% 7.23% 7.08%