Weighted Average Cost Of Capital?

Can someone please help step me through doing this problem….?
As a member of the finance department of Ranch Manufacturing your supervisor has asked you to compute the appropriate discount rate to use when evaluating the purchase of new packaging equipment for the plant. To Finance the purchase ranch manufacturing will sell 10 year bonds paying 6.8% per year at the market price of $1062. preferred stock paying a 2.01 dividend can be sold for 24.04 common stock is currently selling for 55.09 per share and the firm paid 2.95dividend last year. Dividends are expected to continue growing at a rate of 5.4% per year into the indefinite future. if the firms tax rate is 30% what discount rate should be used to evalute the purchase
— Source of Capital
Bonds 3,700,000
Preferred stock 1,900,000
Common stock 6,000,000

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