Question
the company has a 70 million dollar outstanding bond issue that matures in 5 years with a semi annual coupon of 25.00 and selling price
the company has a 70 million dollar outstanding bond issue that matures in 5 years with a semi annual coupon of 25.00 and selling price of 841.74. The company also has 5,000,000 shares of common stock selling at 19.00. The company's beta is 1.13 the t-bill rate is 2.6% and the market rate is 7.4%. the company preferred stock pays 1.45 dividend and has a price of 29.00 a share. The total company value is $200,000,000
What is WACC?
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