Year
EPS
1985 3.90
1986 4.21
1987 4.55
1988 4.91
1989 5.31
1990 5.73
1991 6.19
1992 6.68
1993 7.22
1994 7.80
The current interest rate on new debt is 9% (any amount), new
common stock can be sold to the public at $65 per share, net of
$58.50 per share. The firm’s tax rate is 40%. Its total
capital of $260 million consists of 40% debt and the balance
equity, considered to be optimal.
PLS SHOW ALL CALS AND NO EXCEL PLS THANKS
Year EPS 1985 3.90 1986 4.21 1987 4.55 1988 4.91 1989
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answerhappygod
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Year EPS 1985 3.90 1986 4.21 1987 4.55 1988 4.91 1989
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