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The FIN 3 4 0 Company has 9 2 0 , 0 0 0 shares of common stock, 1 5 0 , 0 0 0
The FIN Company has shares of common stock, shares of preferred stock, and bonds outstanding par value $ per bond The current market pricing for each is $share for the common stock shares and $share for the preferred stock shares. The bonds are currently trading at of par. The company pays no dividend on its common stock but does pay a $ share dividend on its preferred stock. The coupon rate on its bonds is and the bonds will mature years from today. The company's Beta on its common stock is and it has a marginal tax rate. The current Tbill rate is and the market return is
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