Question
The enterprise released the bonds with a face value of 1 050 UAH. The annual coupon is 240 UAH, and the level of emission costs
The enterprise released the bonds with a face value of 1 050 UAH. The annual coupon is 240 UAH, and the level of emission costs - 4%. A year later, the market value of the bonds increased by 60 UAH, and the annual coupon did not change. Determine the cost of raising capital at the expense of bonds at the time of issue and at the expense of previously issued bonds (taking into account tax economy). If an enterprise pays income tax of 25%.
Task 7.2
The company issued simple shares with a fixed rate of dividend growth of 5% per year. The current price of the stock is 75 UAH, the expected dividend amount for the next period - 16 UAH. per share, emission costs - 3%. Determine the cost of capital involved by the issue of ordinary shares.
Task 7.3
The interest rate for bank loan is 33%, the costs associated with servicing the loan 3%. Income tax rate is 25%. Determine the value of the equity attracted in the form of a bank loan.
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