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18) Hammer Barn Inc. has 10 million semiannual coupon bonds outstanding that mature in 20 yeats. Each bond has a par val
Posted: Wed May 18, 2022 11:18 pm
by answerhappygod
- 18 Hammer Barn Inc Has 10 Million Semiannual Coupon Bonds Outstanding That Mature In 20 Yeats Each Bond Has A Par Val 1 (17.79 KiB) Viewed 20 times
18) Hammer Barn Inc. has 10 million semiannual coupon bonds outstanding that mature in 20 yeats. Each bond has a par value of $1,000. The bonds' annual coupon rate is 7% and yield tomaty per share have a beta of 1.4. The corporate tax rate is 20%, risk-free rate is 3%, and market tik premium is 8%. What is the firm's weighted average cost of capital (WACC) A) 9.86% B) 8.26% C) 10.98% D) 9.53% E) 8.47%