Please solve fast max 15-20 minutes and no reject thank u Gilian has 850,000 shares of common stock outstanding at a market value of $16 per shares. The company also has 15,000 bonds outstanding at sale value 98% of face value, and face value of $1,000 per share. What is the proportion of common stock, when the company
Please solve fast max 15-20 minutes and no reject thank u Gilian has 850,000 shares of common stock outstanding at a market value of $16 per shares. The company also has 15,000 bonds outstanding at sale value 98% of face value, and face value of $1,000 per share. What is the proportion of common stock, when the company
Chapter15: Dividend Policy
Section: Chapter Questions
Problem 1P
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Please solve fast max 15-20 minutes and no reject thank u
Gilian has 850,000 shares of common stock outstanding at a market value of $16 per shares. The company also has 15,000 bonds outstanding at sale value 98% of face value, and face value of $1,000 per share. What is the proportion of common stock, when the company will calculate WACC
a. 48%
b. 49%
c. 50%
d. 51%
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