Gorky has in issue 500,000 1 ordinary shares whose current ex dividend market price is 1.50 per
Question:
Gorky has in issue 500,000 £1 ordinary shares whose current ex dividend market price is £1.50 per share. The company has just paid a dividend of 27p per share and dividends are expected to continue at this level for some time. If the company has no debt capital, what is its weighted average cost of capital?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Market value of equity E 500000 150 7...View the full answer
Answered By
Diksha Bhasin
I have been taking online teaching classes from past 5 years, i.e.2013-2019 for students from classes 1st-10th. I also take online and home tuitions for classes 11th and 12th for subjects – Business Studies and Economics from past 3 years, i.e. from 2016-2019. I am eligible for tutoring Commerce graduates and post graduates. I am a responsible for staying in contact with my students and maintaining a high passing rate.
1+ Reviews
10+ Question Solved
Related Book For 
Corporate Finance Principles And Practice
ISBN: 9781292450940
9th Edition
Authors: Denzil Watson, Antony Head
Question Posted:
