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 21:00, nwatase
Resources and capabilities, such as interpersonal relations among managers and a firm's culture, that may be costly to imitate because they are beyond the ability of firms to systematically manage and influence are referred to asanswers: socially complex. causally ambiguous. path dependent. the result of unique historical conditions.
Answers: 3
Business, 21.06.2019 21:30, szambrana
You invest all the money you earned during your summer sales job (a total of $45,000) into the stock of a company that produces fat and carb-free cheetos. the company stock is expected to earn a 14% annual return; however, 5 years later it is only worth $20,000. turns out there wasn't as much demand for fat and carb-free cheetos as you had hoped. what is the annual rate of return on your investment?
Answers: 1
Business, 23.06.2019 00:00, ldelgado97
Wo firms, a and b, each currently dump 50 tons of chemicals into the local river. the government has decided to reduce the pollution and from now on will require a pollution permit for each ton of pollution dumped into the river. it costs firm a $100 for each ton of pollution that it eliminates before it reaches the river, and it costs firm b $50 for each ton of pollution that it eliminates before it reaches the river. the government gives each firm 20 pollution permits. government officials are not sure whether to allow the firms to buy or sell the pollution permits to each other. what is the total cost of reducing pollution if firms are not allowed to buy and sell pollution permits from each other? what is the total cost of reducing pollution if the firms are allowed to buy and sell permits from each other? a. $3,000; $1,500 b. $4,500; $3,500 c. $4,500; $4,000 d. $4,500; $2,500
Answers: 3
Assume the market value of Apple’s equity, preferred stock, and debt are $6 billion, $2 billion, and...
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