pter 12 Assignment Saved Help Seve & Exit 4 Check my Below is information regarding the capital structure of Micro Advantage Inc. On the basis of this information you are asked to respond to the following three questions Required: 1. Micro Advantage issued a S5650 00 par value, 19-year bond a year ago at 96 e 96% of par value with a stated rate of 10%. Today, the bond is selling at 115 te 115% of par value). If the firr Stax bracket is 35%, what i the current after tax cost of this debt? 2 Mi ts cro Advantage has $5,650,000 preferred stock outstanding that it sold for $23 per share. The preferred stock has a per share par 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 78.000 shares of common return on the firm's common equity is 21% What is Micro Advantage's weighted average cost of capital (WACC)? eBook terences stock outstanding that has a par value of $10 per share and a current market price of $160 per share. The expected after-tax market Complete this question by entering your answers in the tabs below Required 1 Required 2Required 3 Micro Advantage issued a $5.650,000 par value, 19-year bond a year agoat 960e.. 96% of par value) with a stated rate of 10%. Today, the bond is selling at 115 (Le-115% 0, par value . If the firm's tax bracket is 35%, what is the current after-tax cost of this debt? (Round your answer to 2 decimal places. (i.e. -1234-12.34%) Current after-tax cost of thisdb e gnment Saved Help s. in aaatmon to tne ponas ana stock outstanding that has a par value of $10 per share and a current market price of $160 per s return on the firm's common equity is 21% what is Micro Advantage's weighted-average cost of capital (WACC)? prererrea stock cescnpea in requirements T ana 4, MICTO Aavantage nas rsuuu snares or comm hare. The expected after-tax ma Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Micro Advantage has $5,650,000 preferred stock outstanding that it sold for $23 per share. The preferred stock has a per share par value of $23 and pays a $4 dividend per year. The current market price is s25 per share. The firm's tax bracket is 28%, what is the after-tax cost of the preferred stock? (Round your answer to 2 decimal places. (i.e. .1234-12.34%)) Aher-tax cost of the preferred stock 16001% a. ssignment Saved Help Save & Exit Submit Check my work Required 1 Required 2 Required 3 In adition to the bonds and preferred stock described in requirements 1 and 2, Micro Advantage has 78,000 shares of common stock outstanding that has a par value of $10 per share and a current market price of $160 per share. The expected after-tax market return on the firm's common equity is 219%.What is Micro Advantage's welghted-average cost of capital (WACC)? (Round "Interest or Dividend Rate", "After tax Rate or Expected Return" and "Cost of Capital Components" to 2 decimal places ie. 1234 weights" to 3 decimal places, and other answers to the nearest whole dollar amount.) 12.34% Show less Interest or Dividend Rate After-tax Rate or Expected Retur Current Market Values Book Value Weights Cost of Capital nrm Bond Preferred Stock Common Stock Total 0001% Required 2
