Question: Question 2 10 pts Use the following data for securities issued by LuccasenCorp to answer questions 1-5: Bonds: The company issued 240,000 bonds. The bonds
Question 2 10 pts Use the following data for securities issued by LuccasenCorp to answer questions 1-5: Bonds: The company issued 240,000 bonds. The bonds have a $1.000 face value with 95% coupons with annual payments. 22 years to maturity, and currently sell a for $940. The marginal tax rate is 5% Equity. The company has 9,000,000 shares of common stock outstanding, selling for $75 per share. The company's beta is 11, the risk free rate is 1% and the market risk premium is 9% 21. What percent of the company's financing is debt? 2b. What percent of the company's financing is equity
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