Calc:
Consider the following information for Watson Power Co.: Debt: Common stock: 5,500 6 percent coupon bonds...
Consider the following information for Watson Power Co.: Debt: Common stock: 4,000 6 percent coupon bonds outstanding, $1,000 par value, 18 years to maturity, selling for 105 percent of par; the bonds make semiannual payments. 96,000 shares outstanding, selling for $56 per share; the beta is 1.13. 13,000 shares of 5.5 percent preferred stock outstanding, currently selling for $107 per share. 7.5 percent market risk premium and 5 percent risk-free rate. Preferred stock: Market: Assume the company's tax rate is...
Consider the following information for Watson Power Co.: Debt: Common stock: Preferred stock 5,000 8.5 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 104 percent of par; the bonds make semiannual payments. 105,000 shares outstanding, selling for $64 per share; the beta is 1.19. 14,500 shares of 8 percent preferred stock outstanding, currently selling for $106 per share. 9 percent market risk premium andy7.5 percent risk-free rate. Market: Assume the company's tax rate is 34...
Consider the following information for Watson Power Co.: Debt: 4,500 8 percent coupon bonds outstanding, $1,000 par value, 18 years to maturity, selling for 104 percent of par; the bonds make semiannual payments. Common stock: 112,500 shares outstanding, selling for $63 per share; the beta is 1.15. Preferred stock: 13,500 shares of 7 percent preferred stock outstanding, currently selling for $106 per share. Market: 10 percent market risk premium and 6 percent risk-free rate. Assume the company's tax rate is...
Consider the following information for Evenflow Power Co., Debt: 3,000 6.5 percent coupon bonds outstanding, $1,000 par value, 18 years to maturity, selling for 103 percent of par; the bonds make semiannual payments. Common stock: 75,000 shares outstanding, selling for $62 per share; the beta is 1.05. Preferred stock: 9,000 shares of 5.5 percent preferred stock outstanding, currently selling for $105 per share. Market: 8 percent market risk premium and 4.5 percent risk-free rate. Assume the company's tax...
Consider the following information for Evenflow Power Co., Debt: 6,000 5.5 percent coupon bonds outstanding, $1,000 par value, 22 years to maturity, selling for 102 percent of par; the bonds make semiannual payments. Common stock: 144,000 shares outstanding, selling for $60 per share; the beta is 1.06. Preferred stock: 21,500 shares of 4.5 percent preferred stock outstanding, currently selling for $104 per share. Market: 7 percent market risk premium and 3.5 percent risk-free rate. Assume the company's tax rate is...
Consider the following information for Evenflow Power Co., Debt: 4,500 5.5 percent APR coupon bonds outstanding, $1,000 par value, 23 years to maturity, selling for 104 percent of par; the bonds make semiannual payments. Common stock: 112,500 shares outstanding, selling for $64 per share; the beta is 1.08. Preferred stock: 13,000 shares of 5 percent preferred stock outstanding (note: take this percentage and convert it into decimal format, then multiply times 100 to find the preferred dividend), currently selling for...
Consider the following information for Evenflow Power Co 2,500 8 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 103 percent of par, the bonds make semiannual payments 57,500 shares outstanding, selling for $59 per share; the beta Is 1.19 8,000 shares of 7.5 percent preferred stock outstanding, currently selling for $105 per share. 9 percent market risk premlum and 7.5 percent risk-free rate. Debt Common stock: Preferred stock Market Assume the company's tax rate is...
ou are looking at the following information: Debt: 5,500 9 percent coupon bonds outstanding, $1,000 par value, 20 years to maturity, selling for 104 percent of par; the bonds make semiannual payments. Common stock: 126,500 shares outstanding, selling for $63 per share; the beta is 1.12. Preferred stock: 18,500 shares of 7.5 percent preferred stock (review my Ch.8 slide 43: what does "...% preferred stock" phrase mean?) outstanding, currently selling for $105 per share. Market: 10.5 percent market risk...
6 You are looking at the following information: 5,500 5.5 percent coupon bonds outstanding, $1,000 par Debt: value, 17 years to maturity, selling for 104 percent of par, the bonds make semiannual payments 110,000 shares outstanding, selling for $65 per share; the 1 polnts Common stock beta is 1.18. Preferred stock 17,500 shares of 5 percent preferred stock (review my Ch.8 slide 43: what does "..% preferred stock"phrase mean?) outstanding, currently selling for $105 per share. 6.5 percent market risk...
You are given the following information for Watson Power Co. Assume the company’s tax rate is 24 percent. Debt:19,000 6.8 percent coupon bonds outstanding, $1,000 par value, 24 years to maturity, selling for 111 percent of par; the bonds make semiannual payments. Common stock:520,000 shares outstanding, selling for $70 per share; the beta is 1.21. Preferred stock:23,000 shares of 4.6 percent preferred stock outstanding, currently selling for $91 per share. The par value is $100 per share. Market:6 percent market risk premium and 5.5...