must be in FORMULA form!! the first one is correct but answers that i have gotten for the others are all wrong

- Les Clipboard Fant Formatting Table Styles Styles D21 X =D14/D8+D15 A B C E F G 5 5 6 7 8 9 10 11 12 Shares outstanding Price per share Face value of outstanding bond issue Coupon rate on bonds Maturity of bonds Price of bonds (% of par) Weighted average tax rate Next expected dividend Expected dividend growth rate 8,000,000 $ 22.00 $ 40,000,000 10% 17 94.00 34.00% 3.00 5.00% 13 14 15 $ 10 17 18 19 Complete the following analysis. Do not hard code values in your calculati 20 21 22 18.6496 23 24 Before-tax cost of equity Before-tax cost of debt Equity weight Debt weight WACC 25 26 27 Sheet1 Johnny Cake Ltd. has 8 million shares of stock outstanding selling at $22 per share and an issue of $40 million in 10 percent annual coupon bonds with a maturity of 17 years, selling at 940 percent of par. Assume Johnny Cake's weighted-average tax rate is 34 percent its next dividend is expected to be $3 per share, and all future dividends are expected to grow at 5 percent per year indefinitely What is its WACC? (Do not round intermediate calculations and round your final answer to 2 decimal places) Shares outstanding Price per share Face value of outstanding bond issue 8,000,000 S 22.00 $40,000,000 h Prev 3 of 11 Next >