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Question 8 1 pts YOLO Ltd has $3.30 million of debt in its current capital structure at an annual interest rate of 6.86% and 4.5
Question 8 1 pts YOLO Ltd has $3.30 million of debt in its current capital structure at an annual interest rate of 6.86% and 4.5 million ordinary shares on issue with a market value of $10.09 million. The firm's tax rate is 30%. If EBIT is expected to be $4.34 million calculate the firm's earnings per share (report your answer to two decimal places)? Question 10 1 pts YNWA Limited has asked you to calculate the return on its ordinary shares to help in its calculation of its weighted average cost of capital (WACC). YNWA has 5,000,000 ordinary shares on issue that have a beta of 0.43. The last dividend was $8.12. If the risk-free rate is 2.24% and the return on the market is 11.80%. What is the required return on one of YNWA's ordinary shares? Record your answer to the nearest four decimal places (e.g., if your answer is 3.40%, then report 0.0340)
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