Question: Gulf Shores Inn is comparing two separate capital structures. The first structure consists of 350,000 shares of stock and no debt. The second structure consists

Gulf Shores Inn is comparing two separate capital structures. The first

Gulf Shores Inn is comparing two separate capital structures. The first structure consists of 350,000 shares of stock and no debt. The second structure consists of 312,000 shares of stock and $2.18 million of debt. What is the price per share of equity? $74.14 $60.10 $65.56 $70.61 $57.37 Question 23 2.78 pts The Tree House has a pretax cost of debt of 6.9 percent and a return on assets of 10.2 percent. The debt-equity ratio is .48. Ignore taxes. What is the cost of equity? rev: 02_19_2020_QC CS-200898 8.62% 11.78% 12.37% 12.16% 12.86%

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