You are given the following information about Jordan plc: You are also given the following information: Yield
Question:
You are also given the following information:
Yield on Treasury bills..................................................7%
Jordan plc equity beta..................................................1.21
Equity risk premium...................................................9.1%
Current ex-div ordinary share price.................................£2.35
Current ex-div preference share price.................................66p
Current ex-interest bond price..........................................£105
Corporate tax rate............................................................30%
Calculate the company's WACC using market weightings.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Corporate Finance Principles and Practice
ISBN: 978-1292103037
7th edition
Authors: Denzil Watson, Antony Head
Question Posted: