Question: only complete #3!!!! fill in all blue boxes Below is information regarding the capital structure of Micro Advantage incorporated. On the bosis of this information

only complete #3!!!! fill in all blue boxes only complete #3!!!! fill in all blue boxes Below is information regarding

Below is information regarding the capital structure of Micro Advantage incorporated. On the bosis of this information you are asked to respond to the following three questions: Required: 1. Micro Advantage issued a $5,200,000 par value, 20-year bond a year ago ot 98(1.e,98% of par value) with a stated rate of 5%, Today, the bond is selling at 110 (i.e. 110% of par value). If the firm's tax bracket is 30%, what is the current after-tax cost of this deber? 2. Micro Advantage has $5,120,000 preferred stock outstanding that it sold for $24 per share. The preferred stock has a per share par value of $25 and pays a $3 dividend per yeac. The current market price is $30 per share. The firm's tax bracket is 30%. What is the after-tax cost of the preferred stock? 3. In addition to the bonds and preferred stock described in requirements 1 and 2, Micro Advantage has 70.000 shares of common stock outstanding that has a par value of $10 per share and a curtent market price of $180 per share. The expected after-taxmarket return on the firm's common equity is 20\%. What is Micio Advantage's weighted-average cost of capital (WACC)? Complete this question by entering your answers in the tabs below. In addition to the bonds and preferred stock described in recuirements 1 and 2 , Micro Advantage has 70,000 shares of common stock oubtanding that has a par value of $10 per share and a current market price of $160 per share. The expected aftertax market return on the firm's common equity is 20/. What is Micro Advantage's weighted-average cost of capital (WACC)? (Round "Interest or Dividend Rate", "Aferetax Rate or Expected Return" and "Coit of Cipital Cemponenta" to 2 decimal places (i.e. 1234=12.34%), "Weights" to 3 decimal plsces, and other answers to the nearest whole dollar amount.) Below is information regarding the capital structure of Micro Advantage incorporated. On the bosis of this information you are asked to respond to the following three questions: Required: 1. Micro Advantage issued a $5,200,000 par value, 20-year bond a year ago ot 98(1.e,98% of par value) with a stated rate of 5%, Today, the bond is selling at 110 (i.e. 110% of par value). If the firm's tax bracket is 30%, what is the current after-tax cost of this deber? 2. Micro Advantage has $5,120,000 preferred stock outstanding that it sold for $24 per share. The preferred stock has a per share par value of $25 and pays a $3 dividend per yeac. The current market price is $30 per share. The firm's tax bracket is 30%. What is the after-tax cost of the preferred stock? 3. In addition to the bonds and preferred stock described in requirements 1 and 2, Micro Advantage has 70.000 shares of common stock outstanding that has a par value of $10 per share and a curtent market price of $180 per share. The expected after-taxmarket return on the firm's common equity is 20\%. What is Micio Advantage's weighted-average cost of capital (WACC)? Complete this question by entering your answers in the tabs below. In addition to the bonds and preferred stock described in recuirements 1 and 2 , Micro Advantage has 70,000 shares of common stock oubtanding that has a par value of $10 per share and a current market price of $160 per share. The expected aftertax market return on the firm's common equity is 20/. What is Micro Advantage's weighted-average cost of capital (WACC)? (Round "Interest or Dividend Rate", "Aferetax Rate or Expected Return" and "Coit of Cipital Cemponenta" to 2 decimal places (i.e. 1234=12.34%), "Weights" to 3 decimal plsces, and other answers to the nearest whole dollar amount.)

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