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Question 6 of 6 The following information is given about Langworth Corp. Common Stock: - 1,200,000 shares outstanding - $50.00 per share market price -
Question 6 of 6 The following information is given about Langworth Corp. Common Stock: - 1,200,000 shares outstanding - $50.00 per share market price - Beta =1.3 - Market Risk Premium =8.70% - Risk-free Rate =3.50% Bonds: - 4,000 bonds outstanding - $1,000 face value each - 10.00% annual coupon - 20 years to maturity - YTM=6.619% What is Langworth Corp's WACC? 13.57% 17.66% 14.12% 0.55% In your answer above, what did you calculate for the market value of the bonds (round to nearest dollar)? $
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