Question
Referring to Willerton Industries of the previous problem, the companys long-term debt is comprised of 20-year $1,000 face value bonds issued 7 years ago at
Referring to Willerton Industries of the previous problem, the companys long-term debt is comprised of 20-year $1,000 face value bonds issued 7 years ago at an 8% coupon rate. The bonds are now selling to yield 6%. Willertons preferred is from a single issue of $100 par value, 9% preferred stock that is now selling to yield 8%. Willerton has 4 million shares of common stock outstanding at a current market price of $31. Calculate Willertons market-valuebased capital structure.
See chapter 13, (Previous Problem )Problem 4 page number 541
Text Book : Copy the link in URL
http://197.14.51.10:81/pmb/GESTION2/FINANCE/0324422636.pdf
PLease do in excel
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