Crypton Electronics has a capital structure consisting of 44% common stock and 62% debt. a debt issue of $1000 par value, 5.9% bonds that mature in 15 years and pay annual interest will sell for $977. Common stock of the firm is currently selling for $30.31 per share and the firm expects to pay a $2.28 dividend next year. Dividends have grown at the rate of 5.4% per year and are expected to continue to do so for the foreseeable future. What is Crypton’s cost of capital where the firm’s tax rate is 30%?
- Matt Remes has formed a small business and has ...
- 2. Explain the difference between customer acqu...
- Describe a value chain partnership for a hospit...
- Criminal Justice
- Gender Studies
- General Questions
- Health Care
- Political Science
- Religious Studies