Business, 15.04.2020 19:56 vicsmi4573
Assume the market value of Apple’s equity, preferred stock, and debt are $6 billion, $2 billion, and $12 billion, respectively. Apple has a beta of 1.7, the market risk premium is 8%, and the risk-free rate of interest is 3%. Apple’s preferred stock pays a dividend of $4 each year and trades at a price of $40 per share. Apple’s debt trades with a yield to maturity of 8.0%.
What is Apple’s weighted average cost of capital if its tax rate is 30%?
A. 9.95%
B.9.34%
C.10.43%
D.11.38%
Answers: 3
Business, 21.06.2019 13:10
The table below is comparing level of education achieved to the rate of unemployment and the median weekly earnings in 2008. based on the information provided, the unemployment rate decreases the most when moving between which two consecutive educational levels? a. “less than high school” and “high school graduate” b. “high school graduate” and “some college, no degree” c. “associate degree” and “bachelor’s degree” d. “professional degree” and “doctoral degree”
Answers: 1
Business, 22.06.2019 02:30
Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?
Answers: 1
Assume the market value of Apple’s equity, preferred stock, and debt are $6 billion, $2 billion, and...
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