Question: urgent!!please help me to solve these!! Question 9 We are given the following information for JP International (the company is only finance with debt and
Question 9 We are given the following information for JP International (the company is only finance with debt and common equity): Debt: 5,000 annual coupon bonds with a current market price of $890 and a yield-to-maturity of 9 percent. Common Stock: 400,000 shares outstanding The company has just paid a dividend $2 per share. The dividend is expected to grow steadily at 5 percent per year indefinitely and the cost of equity of the company is 15 percent. The company has a tax rate of 40 percent. What is the weighted average cost of capital (WACC) of the company? Question 10 Granting liberal credit terms to the customers is an example of a company adopting a flexible short- term financial policy. Granting a liberal credit term can attract more customers and stimulate the company's sales revenues. Does that mean that a company should always grant liberal credit terms to its customers
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