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Sinqobile wants to start her own safari lodge company. She wants to finance the company using debt, preferred stocks, and common stocks. She has decided

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Sinqobile wants to start her own safari lodge company. She wants to finance the company using debt, preferred stocks, and common stocks. She has decided to set up her capital structure with 60% debt, 10% preferred stocks, and 30% common stocks. The risk free rate is 5% and the market rate is 15%. Assume 40% taxes. 1. Sinqobile wants to sell preferred stocks on the NYSE. Her expected dividend is $2.25, and the required rate of return on the stock is 14%. At what price should Sinqobile sell her preferred stock? Preferred stock price = 2. Sinqobile also wants to issue common stocks with a beta of 1.40. Her projected dividend is $2.75, and the growth rate of her company is projected at 8%. At what price should she sell her stocks? ks= Common stock price = 3. Sinqobile wants to borrow $12,000,000 to get her lodge built. It will be repaid in equal installments over the next 10 years at a 9% interest rate. Develop an amortization schedule for Sinqobile

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