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Williams, Inc., has compiled the following information on its financing costs: Types of Financing Book Value Market Value Cost Short-term debt $13,083,713 $14,882,478 4.1% Long-term
Williams, Inc., has compiled the following information on its financing costs:
| Types of Financing | Book Value | Market Value | Cost |
| Short-term debt | $13,083,713 | $14,882,478 | 4.1% |
| Long-term debt | $20,835,971 | $29,079,203 | 7.6% |
| Common Stock | $10,866,637 | $64,066,920 | 13% |
The company is in the 39% tax bracket.
What is the company's weighted average cost of capital using book value weights?
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Bank Valuation And Value Based Management Deposit And Loan Pricing Performance Evaluation And Risk
Authors: Jean Dermine
2nd Edition
0071839488,0071839496
