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THIS IS MAYBE THE THIRD TIME I POST THIS SAME QUESTION. I AM *NOT* ALLOWED TO ENTER ACTUAL NUMBERS INTO THE YELLOW BOXES. I CAN
THIS IS MAYBE THE THIRD TIME I POST THIS SAME QUESTION. I AM *NOT* ALLOWED TO ENTER ACTUAL NUMBERS INTO THE YELLOW BOXES. I CAN ONLY ENTER (CELL D2/CELL D7) FOR EXAMPLE. the very first yellow box is givng me extra hard tmie. i know techincally it is supposed to be 135k*1140 but i cannot type 1140!!!!!! please i need all the boxes exactly what cells. remember i cannot type actual numbers. THANKS SO MUCH THIS IS DUE TOMORROW!
Titan Mining Corporation has 8.5 million shares of common stock outstanding, 250,000 shares of 5 percent preferred stock outstanding, and 135,000 7.5 percent semiannual bonds outstanding par value $1,000 each. The common stock currently sells for $34 per share and has a beta of 1.25, the preferred stock currently sells for $91 per share, and the bonds have 15 years to maturity and sell for 114 percent of par. The market risk premium is 7.5 percent, T-bills are yielding 4 percent, and Titan Mining's tax rate is 35 percent. Debt Bonds outstanding Settlement date Maturity date Annual coupon rate Coupons per year Bond price (% of par) Par value ($) 135,000 01/01/00 01/01/15 7.50% 2 114 1,000 Common stock Shares outstanding Beta Share price 8,500,000 1.25 34Step by Step Solution
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