Cde inc.'s current (and optimal) capital structure is 40% debt, 10% preferred stock, and 50% common equity. cde is in the 40% tax bracket. the company can issue up to $20,000,000 in new bonds at par with a 7% coupon rate; any subsequent amount must carry a 2% premium to compensate investors for added risk. a new issue of preferred stock would pay an annual dividend of $4.00 and be priced to net the company $50.00 per share after the $3.00 per share floatation cost. the firm has $21,000,000 in change in retained earnings for the current period. cde's common stock trades at $40.00 per share and the expected dividend on the common stock at t1 is 2.00. floatation costs on a new common stock issue is $5.00 per share. the company is growing at 7% per year. what is the debt break point in the marginal cost of capital (mcc) schedule?

sorry just tryinna get some pints skksksksk

i would go with get a bachelor’s degree

hope i

-lavira : )

answer; blank(1); /rises; blank(2); //increases;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.