Question: please answer it fast without excel and programmable calculator i will thumbs up Cost of capital. Assume the following capital structure for Al Amal Company:
please answer it fast without excel and programmable calculator i will thumbs up
Cost of capital.
Assume the following capital structure for Al Amal Company:
Bonds $ 40000
Preferred stock $15000
Common stock $45000
to sell the issue, an average discount of $30 per bond must be given. The firm must also pay floatation cost of $ 20 per bond.
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