Question: Use the following data for the next 5 questions: Debt 48,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at

 Use the following data for the next 5 questions: Debt 48,000
bonds with a 5.0% coupon rate, payable annually, 15 years to maturity,
selling at $1,060 per bond. Common Stock 663,000 shares of common stock

Use the following data for the next 5 questions: Debt 48,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,060 per bond. Common Stock 663,000 shares of common stock outstanding. The stock sells for a price of $53 per share and has a beta of 1.71 Preferred Stock 159,000 preferred shares outstanding, currently trading at $53,51 per share; with an annual dividend payment of $5.98 Market The market risk premium is 11% and the risk free rate is 5% Tax Rate 34% What is the after tax cost of debt (R.)? (Answer as a percentage and round to 2 decimis) Select one ca. 5.51% b: 0.49% 2c 29 -0.20% 0.6.37% MacBook Air DOD F2 20 F3 000 $ * * 16 FS F6 F? A # 3 $ 4 A S 2 % 5 & 7 * o 6 Use the following data for the next 5 questions: Debt 48,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,050 per bond. Common Stock 663,000 shares of common stock outstanding. The stock sells for a price of $53 per share and has a beta of 1.71 Preferred Stock 159,000 preferred shares outstanding, currently trading at $53.51 per share; with an annual dividend payment of $5.98 Market The market risk premium is 11% and the risk free rate is 5% Tax Rate 34% What is the cost of common stock (R)? (Answer as a percentage and round to 2 decimals) Select one: a 2719% b. 20.62% C. 21.31% od 23.81% De 25.33% MacBook Air 000 FI 20 F2 000 F4 > # O Use the following data for the next 5 questions: Debt 48,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,050 per bond Common Stock 663,000 shares of common stock outstanding. The stock sells for a price of $53 per share and has a beta of 1.71 Preferred Stock 159,000 preferred shares outstanding, currently trading at $53.51 per share; with an annual dividend payment of $5.98 Market The market risk premium is 11% and the risk free rate is 5% Tax Rate 349 What is the before tax cost of debt (R.)? (Answer as a percentage and round to 2 decals) Select one a. 2.03% Ob 1.34% 7.05% d. 791% De.4.53 MacBook Air BO F3 000 000 4 > F7 * $ $ % A & 2

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