Adventure Plus just issued a common-stock dividends of $2.70. The current stock price is $30. Dividends...

  

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Adventure Plus just issued a common-stock dividends of $2.70. The current stock price is $30. Dividends are expected to grow at a rate of 3.4 percent. There are 1.3 million shares outstanding. Calculate the firm's cost of equity. Adventure Plus has 15% preferred stock with a par value of $100. The current price of preferred stock is $60. There are 220,000 shares outstanding. Calculate the firm's cost of preferred stock. 5 years ago, Adventure Plus issued a 11-year semiannual bond with a coupon of 5.5%. Today It sells at 87 percent of par There are 12,000 of these bonds outstanding, each with a face value of $1,000 Calculate the firm's pretax cost of debt. L What is the weight of common stock? Adventure Plus just issued a common-stock dividends of $2.70. The current stock price is $30. Dividends are expected to grow at a rate of 3.4 percent. There are 1.3 million shares outstanding. Calculate the firm's cost of equity. Adventure Plus has 15% preferred stock with a par value of $100. The current price of preferred stock is $60. There are 220,000 shares outstanding. Calculate the firm's cost of preferred stock. 5 years ago, Adventure Plus issued a 11-year semiannual bond with a coupon of 5.5%. Today It sells at 87 percent of par There are 12,000 of these bonds outstanding, each with a face value of $1,000 Calculate the firm's pretax cost of debt. L What is the weight of common stock?