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Question 7 18 Marks] The Wall Company has 142,500 ordinary shares outstanding that are currently selling at R28 63 It has 4,530 bonds outstanding that

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Question 7 18 Marks] The Wall Company has 142,500 ordinary shares outstanding that are currently selling at R28 63 It has 4,530 bonds outstanding that will mature in 20 years They were issued at a par value of R1,000 paying a coupon rate of 6% Comparable bonds now yield 9% Wall's R100 par value preferred share was ISSued at 8% and is now yielding 11%, 7,500 shares are outstanding Required: Develop Wall's market value based capital structure

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