Your firm currently has 1,602,462 shares of stock outstanding that sell for 35.00. Additionally, you've issued...
Your firm currently has 1,602,462 shares of stock outstanding that sell for 35.00. Additionally, you've issued 14,293 bonds, with a par value of S1,000. They currently sell for 96.8% of par.
What is the firm's weight of debt?
(Enter your answer as a percentage to 1 decimal place. ex: 12.3)
Homework Answers
Value of Equity = Number of Shares(Stock Price)
Value of equity = 1,602,462(35) = $56,086,170
Value of Debt = Number of Bond(Bond Price)
Value of Debt = (14,293)(1,000*0.968) = $13,835,624
Weight of Debt = (13,835,624)/(13,835,624 + 56,086,170)
Weight of Debt = 0.198
Weight of Debt = 19.8%
Add Answer to:
Your firm currently has 1,602,462 shares of stock outstanding
that sell for 35.00. Additionally, you've issued...
Your firm currently has 1,730,483 shares of stock outstanding that sell for 16.02. Additionally, you've issued...
Your firm currently has 1,730,483 shares of stock outstanding that sell for 16.02. Additionally, you've issued 24,166 bonds, with a par value of S1,000. They currently sell for 85.6% of par. What is the firm's debt weight? (Enter your answer as a percentage to 1 decimal place. ex: 12.3)
Your firm currently has 1,932,460 shares of stock outstanding that sell for 34.29. Additionally, you've issued...
Your firm currently has 1,932,460 shares of stock outstanding that sell for 34.29. Additionally, you've issued 27,824 bonds, with a par value of S1,000. They currently sell for 110.4% of par. What is the firm's equity weight? (Enter your answer as a percentage to 1 decimal place. ex: 12.3)
Your firm currently has 1,543,589 shares of stock outstanding that sell for 18.35. Additionally, you've issued...
Your firm currently has 1,543,589 shares of stock outstanding that sell for 18.35. Additionally, you've issued 23,052 bonds, with a par value of S1,000. They currently sell for 94.1% of par. What is the firm's equity weight? (Enter your answer as a percentage to 1 decimal place. ex: 12.3)
Your firm currently has 1,187,810 shares of stock outstanding that sell for 36.22. Additionally, you've issued...
Your firm currently has 1,187,810 shares of stock outstanding that sell for 36.22. Additionally, you've issued 32,812 bonds, with a par value of S1,000. They currently sell for 85.5% of par. What is the firm's equity weight? (Enter your answer as a percentage to 1 decimal place. ex: 12.3)
1 pts Question 17 Your firm currently has 1.072,685 shares of stock outstanding that sell for...
1 pts Question 17 Your firm currently has 1.072,685 shares of stock outstanding that sell for 45.58. Additionally, you've issued 41,169 bonds, with a par value of $1,000. They currently sell for 110.7% of par. What is the firm's welght of debt? (Enter your answer as a percentage to 1 decimal place. ex: 12.3)
Organic Produce Corporation has 6.3 million shares of common stock outstanding, 350,000 shares of 5.8 preferred...
Organic Produce Corporation has 6.3 million shares of common stock outstanding, 350,000 shares of 5.8 preferred stock outstanding, and 150,000 of 7.1 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $74 per share and has a bota of 1,09, the preferred stock currently sells for $107 per share, and the bonds have 20 years to maturity and sell for 109 percent of par. The market risk prerrium is 6 8 percent, T-bills are yielding...
Raymond Mining Corporation has 8.3 million shares of common stock outstanding, 270,000 shares of 5% $100...
Raymond Mining Corporation has 8.3 million shares of common stock outstanding, 270,000 shares of 5% $100 par value preferred stock outstanding, and 139,000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $31 per share and has a beta of 1.15, the preferred stock currently sells for $93 per share, and the bonds have 15 years to maturity and sell for 112% of par. The market risk premium is 71%, T-bills are yielding 4%, and...
Raymond Mining Corporation has 8.8 million shares of common stock outstanding, 320,000 shares of 4% $100...
Raymond Mining Corporation has 8.8 million shares of common stock outstanding, 320,000 shares of 4% $100 par value preferred stock outstanding, and 149,000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $36 per share and has a beta of 1.40, the preferred stock currently sells for $92 per share, and the bonds have 10 years to maturity and sell for 117% of par. The market risk premium is 7.6%, T-bills are yielding 5%, and...
Raymond Mining Corporation has 8.8 million shares of common stock outstanding, 320,000 shares of 4% $100...
Raymond Mining Corporation has 8.8 million shares of common stock outstanding, 320,000 shares of 4% $100 par value preferred stock outstanding, and 149,000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $36 per share and has a beta of 1.40, the preferred stock currently sells for $92 per share, and the bonds have 10 years to maturity and sell for 117% of par. The market risk premium is 7.6%, T-bills are yielding 5%, and...
Raymond Mining Corporation has 9.8 million shares of common stock outstanding, 420,000 shares of 5% $100...
Raymond Mining Corporation has 9.8 million shares of common stock outstanding, 420,000 shares of 5% $100 par value preferred stock outstanding, and 169,000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $46 per share and has a beta of 1.40, the preferred stock currently sells for $95 per share, and the bonds have 15 years to maturity and sell for 117% of par. The market risk premium is 8.6%, T-bills are yielding 4%, and...
1 pts Question 17 Your firm currently has 1.072,685 shares of stock outstanding that sell for 45.58. Additionally, you've issued 41,169 bonds, with a par value of $1,000. They currently sell for 110.7% of par. What is the firm's welght of debt? (Enter your answer as a percentage to 1 decimal place. ex: 12.3)
Organic Produce Corporation has 6.3 million shares of common stock outstanding, 350,000 shares of 5.8 preferred stock outstanding, and 150,000 of 7.1 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $74 per share and has a bota of 1,09, the preferred stock currently sells for $107 per share, and the bonds have 20 years to maturity and sell for 109 percent of par. The market risk prerrium is 6 8 percent, T-bills are yielding...
Raymond Mining Corporation has 8.3 million shares of common stock outstanding, 270,000 shares of 5% $100 par value preferred stock outstanding, and 139,000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $31 per share and has a beta of 1.15, the preferred stock currently sells for $93 per share, and the bonds have 15 years to maturity and sell for 112% of par. The market risk premium is 71%, T-bills are yielding 4%, and...
Raymond Mining Corporation has 8.8 million shares of common stock outstanding, 320,000 shares of 4% $100 par value preferred stock outstanding, and 149,000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $36 per share and has a beta of 1.40, the preferred stock currently sells for $92 per share, and the bonds have 10 years to maturity and sell for 117% of par. The market risk premium is 7.6%, T-bills are yielding 5%, and...
Raymond Mining Corporation has 8.8 million shares of common stock outstanding, 320,000 shares of 4% $100 par value preferred stock outstanding, and 149,000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $36 per share and has a beta of 1.40, the preferred stock currently sells for $92 per share, and the bonds have 10 years to maturity and sell for 117% of par. The market risk premium is 7.6%, T-bills are yielding 5%, and...
Raymond Mining Corporation has 9.8 million shares of common stock outstanding, 420,000 shares of 5% $100 par value preferred stock outstanding, and 169,000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $46 per share and has a beta of 1.40, the preferred stock currently sells for $95 per share, and the bonds have 15 years to maturity and sell for 117% of par. The market risk premium is 8.6%, T-bills are yielding 4%, and...
Most questions answered within 3 hours.
-
2. Sketch the piecewise function. ?(?) = { |? + 2|, ??? ? ≤ 0 √?...
asked 23 minutes ago -
Compound A decomposes according to the equation
A(g) ⇌ 2 B(g) + C
(g)
A...
asked 25 minutes ago -
imagine that you were tasked with synthesizing100g of
acetylferrocene using ferrocene
1. how would you use...
asked 9 minutes ago -
Stock Dividends and Stock Splits
Whitacre Company's Stockholders' Equity section of the balance
sheet on December...
asked 12 minutes ago -
Consider two utilities X and Y, which are subject to pollution
control regulation. They try to...
asked 12 minutes ago -
When fatty acids polymerize with glycerol to form triacyglycerols,
what type of linkage is formed?
asked 29 minutes ago -
Mortgage calculations (show all your
work).
If you want to buy a home for $300,000, make...
asked 25 minutes ago -
Human resources department supports the organization
to achieve their objectives by providing the right to quality...
asked 39 minutes ago -
what are the dangers associated with the use of steroids and
even "natural" supplements designed to...
asked 39 minutes ago -
According to the Centers for Disease Control (CDC), 15.2% of
American adults experience migraine headaches. Stress...
asked 46 minutes ago -
The free-fall acceleration on the surface of Saturn is about
equal to that on the surface...
asked 51 minutes ago -
Mr. Husker’s Tuxedos Corp. ended the year 2018 with an average
collection period of 38 days....
asked 1 hour ago