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Question 10 The following information relates to Rider plc. m Market Values Ordinary shares (nominal value 50p) 8.0 5.10 per share 9% Irredeemable bonds (nominal
Question 10 The following information relates to Rider plc. m Market Values Ordinary shares (nominal value 50p) 8.0 5.10 per share 9% Irredeemable bonds (nominal value 100) 9.5 98.30 per bond Rider plc has a cost of equity of 11.5% and pays profit tax at 28% per year. What is the market value weighted average cost of capital of Rider plc
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi
4th Edition
0130402664, 9780130402660
