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Zietlow Corporation has 2.1 million shares of common stock outstanding with a book value per share of 75$ with a recent divided of 3$. The
Zietlow Corporation has 2.1 million shares of common stock outstanding with a book value per share of 75$ with a recent divided of 3$. The fir's capital also includes 2900 shares of 4.2% preferred stock outstanding with a par
value of 100 and the firms debt include 2250 6.5 percent quarterly bonds outstanding with 35 years maturity issued five years ago. The current trading price of the preferred stock and bonds are
102% of its par value and comoron
stock trades for 25$ with a constant growth rate of 6%. The beta of the stock is 1.13 and the market risk premium is 7%. Calculate the after tax Weighted Avergae
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