Question
Stephens Supply, Inc. (SSI) has a market value of equity of $70 million and an equity beta of 1.6. SSI has cash of $9 million
Stephens Supply, Inc. (SSI) has a market value of equity of $70 million and an equity beta of 1.6. SSI has cash of $9 million and debt of $21 million. Assume the risk-free rate is 3% and the market risk premium is 8%. What is SSIs enterprise value? What is SSIs asset beta? What is SSIs WACC (answer this question in the space below)?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
11th Edition
1032241829, 978-1032241821
