Question: 1. Y. E. Coyote Industries finances its projects with 30% debt, 10% preferred stock, and 60% commonstock. - M - The company can issue bonds
1. Y. E. Coyote Industries finances its projects with 30% debt, 10% preferred stock, and 60% commonstock. - The company can issue bonds at a yield to maturity of 8.6 percent. expected Neturnaftor bard wat - The company pays a dividend on preferred stock of $7.92. - The company just paid a dividend on common stock of $5.07 per share, and dividends are expected grow at 5 percent indefinitely. - Preferred stock is currently selling for $92.50 per share. - Common stock is currently selling for $51.22 per share. - The company's tax rate is 21 percent
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