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Question 24 (3.5 points) Bevan, Co is an all-equity company which does not pay taxes. Currently they have 30,000 shares outstanding selling for $20
Question 24 (3.5 points) Bevan, Co is an all-equity company which does not pay taxes. Currently they have 30,000 shares outstanding selling for $20 each in the market. You want to invest $15,000 of your own funds in the company. However, you would prefer the company to have 40% debt in its capital structure. You need to and buy shares of Bevan, Co to ensure your return from the company's shares reflects your desired returns from the intended capital structure. lend $5,000; 1,000 Oborrow $10,000; 1,250 borrow $5,000; 1,000 Olend $10,000; 1,250 borrow $12,500; 1,750
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