Weighted Average Cost of Capital Assignment | Homework For You
May 21st, 2020
Madison Motors has provided you the following information:
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Weighted Average Cost of Capital Assignment | Homework For You
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The yield to maturity on their newly issued debt is 7.596
Their common stock has an equity beta of 1.36
T.Bits are returning 39, and the Dow Jones Industrial market index is returning 6.696.
The company’s preferred stock is selling for $26.03 and pays an annual dividend of 52.07
The company’s capital structure is composed of 559 common equity, 400 debt and the remainder in preferred stock
Based on the information given what is Madison Motors WACC? Get Finance homework help today