Question: PROJECT 4 INFORMATION: FOR FORMULAS & EXAMPLE: Refer to Handouts/Audio Lecture for Chapter 10-12 and WACC with BreakPoint Example posted in Content/Unit 4 Newington Chemicals

 PROJECT 4 INFORMATION: FOR FORMULAS \& EXAMPLE: Refer to Handouts/Audio Lecture

PROJECT 4 INFORMATION: FOR FORMULAS \& EXAMPLE: Refer to Handouts/Audio Lecture for Chapter 10-12 and WACC with BreakPoint Example posted in Content/Unit 4 Newington Chemicals has planned capital expenditures of $1,500,000 for the coming fiscal year. They have prioritized five projects at a total cost of $1,500,000, to be financed in the following way: The bonds have a coupon rate of 7% and will sell for par value. The preferred stock is 10%,$100 par. It sells for par value with $7 per share flotation costs. The common stock of the company sells for $75 per share with flotation costs of $5.00 per share. It is expected to pay a $9 dividend in the coming year. The company's growth rate is expected to be constant at 6%. The company's tax rate is 30%. The Net Income for the Company this year is expected to be $1,000,000. The dividend payout ratio is 70%. Assume the beginning retained earnings balance =0. PRIMARY POST: Complete the required calculations, fill in the highlighted areas in the chart and post your answer in Discuss in the below Table Format: (Fill in all yellow highlighted areas in the below chart and then copy and paste into your Discuss Post) (Include answers with work similar to Example below)

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