Bell Media has common stock trading at a price of $74, and a market capitalization of $23
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Bell Media has common stock trading at a price of $74, and a market capitalization of $23 billion. The firm also has preferred stock worth a total of $6 billion, currently trading at $54 per share and paying a dividend of $4.50 per share. The firm's beta is 1.2, the risk-free rate is 2.4%, and the market risk premium is 6%. The firm has $28 billion of debt outstanding. Its bonds with the face value of $10,000 and semi-annual 5% coupons currently have 5 years to maturity and trade at $8783.37. If the firm's tax rate is 30%, what is Bell's WACC?
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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