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Organic Produce Corporation has 9 million shares of common s…

Posted byAnonymous August 24, 2021April 29, 2023

Questions

Orgаnic Prоduce Cоrpоrаtion hаs 9 million shares of common stock outstanding, 650,000 shares of 8% preferred stock outstanding (par value of $100), and 210,000 of 9.5% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $75.25 per share and has a beta of 1.57, the preferred stock currently sells for $112.98 per share, and the bonds have 25 years to maturity and sell for 96.7% of par. The market risk premium is 5.3%, T-bonds are yielding 4.2%, and the firm’s tax rate is 31%. What is the firm’s weighted average cost of capital? Do not round calculations in intermediate steps. Round your answer to two decimal places and express in percentage form.

Orgаnic Prоduce Cоrpоrаtion hаs 9 million shares of common stock outstanding, 650,000 shares of 8% preferred stock outstanding (par value of $100), and 210,000 of 9.5% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $75.25 per share and has a beta of 1.57, the preferred stock currently sells for $112.98 per share, and the bonds have 25 years to maturity and sell for 96.7% of par. The market risk premium is 5.3%, T-bonds are yielding 4.2%, and the firm’s tax rate is 31%. What is the firm’s weighted average cost of capital? Do not round calculations in intermediate steps. Round your answer to two decimal places and express in percentage form.

Orgаnic Prоduce Cоrpоrаtion hаs 9 million shares of common stock outstanding, 650,000 shares of 8% preferred stock outstanding (par value of $100), and 210,000 of 9.5% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $75.25 per share and has a beta of 1.57, the preferred stock currently sells for $112.98 per share, and the bonds have 25 years to maturity and sell for 96.7% of par. The market risk premium is 5.3%, T-bonds are yielding 4.2%, and the firm’s tax rate is 31%. What is the firm’s weighted average cost of capital? Do not round calculations in intermediate steps. Round your answer to two decimal places and express in percentage form.

Orgаnic Prоduce Cоrpоrаtion hаs 9 million shares of common stock outstanding, 650,000 shares of 8% preferred stock outstanding (par value of $100), and 210,000 of 9.5% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $75.25 per share and has a beta of 1.57, the preferred stock currently sells for $112.98 per share, and the bonds have 25 years to maturity and sell for 96.7% of par. The market risk premium is 5.3%, T-bonds are yielding 4.2%, and the firm’s tax rate is 31%. What is the firm’s weighted average cost of capital? Do not round calculations in intermediate steps. Round your answer to two decimal places and express in percentage form.

Orgаnic Prоduce Cоrpоrаtion hаs 9 million shares of common stock outstanding, 650,000 shares of 8% preferred stock outstanding (par value of $100), and 210,000 of 9.5% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $75.25 per share and has a beta of 1.57, the preferred stock currently sells for $112.98 per share, and the bonds have 25 years to maturity and sell for 96.7% of par. The market risk premium is 5.3%, T-bonds are yielding 4.2%, and the firm’s tax rate is 31%. What is the firm’s weighted average cost of capital? Do not round calculations in intermediate steps. Round your answer to two decimal places and express in percentage form.

Orgаnic Prоduce Cоrpоrаtion hаs 9 million shares of common stock outstanding, 650,000 shares of 8% preferred stock outstanding (par value of $100), and 210,000 of 9.5% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $75.25 per share and has a beta of 1.57, the preferred stock currently sells for $112.98 per share, and the bonds have 25 years to maturity and sell for 96.7% of par. The market risk premium is 5.3%, T-bonds are yielding 4.2%, and the firm’s tax rate is 31%. What is the firm’s weighted average cost of capital? Do not round calculations in intermediate steps. Round your answer to two decimal places and express in percentage form.

Orgаnic Prоduce Cоrpоrаtion hаs 9 million shares of common stock outstanding, 650,000 shares of 8% preferred stock outstanding (par value of $100), and 210,000 of 9.5% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $75.25 per share and has a beta of 1.57, the preferred stock currently sells for $112.98 per share, and the bonds have 25 years to maturity and sell for 96.7% of par. The market risk premium is 5.3%, T-bonds are yielding 4.2%, and the firm’s tax rate is 31%. What is the firm’s weighted average cost of capital? Do not round calculations in intermediate steps. Round your answer to two decimal places and express in percentage form.

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Tags: Accounting, Basic, qmb,

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