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Remaining Time: 1 hour, 35 minutes, 06 seconds. Question Completion Status: Question 9 of 26 Moving to another question will save this response. Question 9

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Remaining Time: 1 hour, 35 minutes, 06 seconds. Question Completion Status: Question 9 of 26 Moving to another question will save this response. Question 9 3 points Save Anner A company has 2 million shares outstanding that are currently priced at 54 each and have a beta of 13. Five years ago the company issued bonds with a total face value of $3 millon. One bond has a face value of $250,000. The bonds have a coupon rate of spa and coupons are paid every six months. The bonds mature in teen years from today. The bonds currently yield 4 pa, the market return is 7p.a., the risk free return is 2 p., and the company tax rate is 30 What proportion of the firm's capital structure is equity? TTT Aral # 3(180 Q5 I Words Path POVO AWO? MacBook Pro

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