Question: Needing Answers for both questions please :) answer chocies for turnbull co . 1 1 . 2 0 1 3 . 5 6 1 1

Needing Answers for both questions please :)
answer chocies for turnbull co.
11.20
13.56
11.79
8.25
answrs for kuhn co.
9.24
10.08
8.40
7.14
Turnbull Co. is considering a project that requires an initial investment of $1,708,000. The firm will raise the $1,708,000 in capital by issuing $750,000 of debt at a before-tax cost of 11.1%,$78,000 of preferred stock at a cost of 1$.2%, and $880,000 of equity at a cost of 14.7%. The firm faces a tax rate of 25%. What will be the WACC for this project? q,(Note: Round your intermediate calculations to three decimal places.)
Consider the case of Kuhn Co.
Kuhn Co. is considering a new project that will require an initial investment of $20 million. It has a target capital structure of 58% debt, 6% preferred stock, and 36% common equity. Kuhn has noncallable bonds outstanding that mature in 15 years with a face value of $1,000, an annual coupon rate of 11%, and a market price of $1555.38. The yield on issues. The company can sell shares of preferred stocl
10.08% ny's current bonds is a good approximation of the yield on any new bonds that it an annual dividend of $8 at a price of $95.70 per share.
Kuhn does not have any retained earnings available to 8
8.40%
is project, so the firm will have to issue new common stock to help fund it. Its common stock is currently selling for $22.35 per shar expected to pay a dividend of $1.36 at the end of next year. Flotation costs will represent 8% of the funds raised by issuing new comr The company is projected to grow at a constant rate of 8.7%, and they face a tax rate of 25%. What will be the WACC for this project? (Note: Round your intermediate calculations to two decimal places.)
 Needing Answers for both questions please :) answer chocies for turnbull

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