please complete the required
Below is information regarding the capital structure of Micro Advantage Incorporated. On the basis of this information you are asked to respond to the following three questions: Required: 1. Micro Advantage issued a $5,200,000 par value, 20 year bond a year ago at 98 (L.e., 98% of par vaiue) with a stated rate of 5% Today, the bond is selling at 110 (Le., 110% of par value). If the firm's tax bracket is 30%, what is the current after-tax cost of this debt? 2. Micro Advantage has $5,120,000 preferred stock outstanding that it sold for $24 per share. The preferred stock has a per share par value of $25 and pays a $3 dividend per year. The current market price is $30 per share. The firm's tax bracket is 30%. What is the after-tax cost of the preferred stock? 3. In addition to the bonds and preferred stock described in requirements 1 and 2. Micro Advantage has 70,000 shares of corrmon stock outstanding that has a par value of $10 per share and a current market price of $180 per share. The expected after-tax market return on the firm's common equity is 20%. What is Micro Advantage's weighted-average cost of capital (WACC)? Complete this question by entering your answers in the tabs below. Micro Advantage issued a $5,200,000 par value, 20-year bond a year ago at 98 (L.e., 98% of par value) with o stated rate of 5%. Today, the bond is selling at 110 (i.e, 110% of par value). If the firm's tax bracket is 30%, what is the current after-tax cost of this debt? (Round your answer to 2 decimal places. (1.e. 1234=12.34% )) Below is information regarding the capital structure of Micro Advantage Incorporated. On the basis of this information you are asked to respond to the following three questions: Required: 1. Micro Advantage issued a $5,200,000 par value, 20-year bond a year ago at 98 (i.e., 98% of par value) with a stated rate of 5%. Today, the bond is selling at 110 (i.e, 110% of par value). If the firm's tax bracket is 30%, what is the current after-tax cost of this debt? 2. Micro Advantage has $5,120,000 preferred stock outstanding that it sold for $24 per share. The preferred stock has a per share par value of $25 and pays a $3 dividend per yeat. The current market price is $30 per share. The firm's tax bracket is 30%. What is the after-tax cost of the preferred stock? 3. In addition to the bonds and preferred stock described in requirements 1 and 2, Micro Advantage has 70,000 shares of common stock outstanding that has a par value of $10 per share and a current market price of $180 per share. The expected after-tax market return on the firm's common equity is 20%. What is Micro Advantage's weighted-average cost of capital (WACC)? Complete this question by entering your answers in the tabs below. Micro Advantage has $5,120,000 preferred stock outstanding that it sold for $24 per share. The preferred stock has a per share par value of $25 and pays a $3 dividend per year. The current market price is $30 per share. The firm's tax bracket is 30\%. What is the after-tax cost of the preferred stock? (Round your answer to 2 decimal places. (1.e,1234=12,34% )) Below is information regarding the cepital structure of Micro Advantage Incorporated. On the basis of this information you are asked to respornd to the following three questions: Requiret: 1. Micro Advantage issued a $5,200,000 por value, 20 year bond a year ago ot 98 (Le., 98% of par volue) with a stated rate of 5%. Today, the bond is selling at 110 fi.e., 110% of par value). If the firm's tax bracket is 30%, What is the current after-tax cost of this debt? 2. Micro Advantage has $5,120,000 preferred stock outstanding that it sold for $24 per share. The preferred stock has a per share par walue of $25 and pays a $3 dividend per yeac. The curtent market price is $30 per share. The firm's tax bracket is 30k. What is the after-tax cost of the preferted stock? 3. In addition to the bonds and preferred stock described in requirements 1 and 2, Micro Advantage has 70,000 shates of common stock outstanding that has a par value of $10 per share and a current market price of 5180 per share. The expected after-tax market return on the firm's common equity is 20\%. What is Micro Advantage's weighted-average cost of capital (WaCC)? Complete this question by entering your answers in the tabs below. In addition to the bonds and preferred stock described in requirements 1 and 2, Micro Advantage has 70,000 shares of common stock outstanding that has a par value of $10 per share and a current market price of $180 per share. The expected after-tax market return on the firmis cemmen equity is 20 . Advantage's weighted-average cost of capital (WACC)? (Round "Interest or Dividend flate", "After-tax. Rate or Expected Retum" and "Cost of Capital Cornpenenta" to 2 decimal places (Le. s 1234 = 12,34\%), "Weghts" to 3 decimal places, and other answers to the nearest whole dolfar amount.)
