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What is the weighted-average cost of capital for SKYE Corporation given the following information? Equity shares outstanding 1 Million Stock price per share $30 Yield
What is the weighted-average cost of capital for SKYE Corporation given the following information?
Equity shares outstanding 1 Million
Stock price per share $30
Yield to maturity on debt %7.68
Book value of interest-bearing debt $10milion
Coupon interest rate on debt %9
Interest rate on government bonds %6
SKYEs equity beta 0.75
Historical excess return on stocks %6.3
tax rate %40
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