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-The firm's tax rate is 35%. - The current price of Harry Davis'1250b coupon, semiannual payment, noncallable bonds with 15 years remaining to maturity is

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-The firm's tax rate is 35%. - The current price of Harry Davis'1250b coupon, semiannual payment, noncallable bonds with 15 years remaining to maturity is $. Harry Davis does not use short-term interestbearing debt on a permanent basis. New bonds would be privately placed with no flotation cost. - The current price of the firm's 1095,$100 par value, quarterly dividend, perpetual preferred stock is 5 . Harry Davis would incur flotation costs equal to 6% of the proceeds on a new issue. - Hamy Davis' common stock is currently selling at $70 per share. Its last dividend (D0) was 5, and dividends are expected to grow at a constant rate of 5.8% in the foreseeable future. Harry Davis' beta is 1.4, the yield on T-bonds is 5.6%, and the market risk peemium is estimated to be 6\%h. For the own-bond-yield-plus-fudganental-risk-premium approach, the firm uses a 3.2% risk premium. - Harry Davis' target capital structure is 30% long-term debt, 10\%, preferred stock, and 60nie common equity. Group 3. Bond price 1150.25 Preferred steck 107.541003.12

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