Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. hi, can you help me solve this? marie corp. has $

Hi, can you help me solve this? Marie Corp. has $1,733 in debt outstanding...

90.2K

Verified Solution

Question

Finance

image

Hi, can you help me solve this?

Marie Corp. has $1,733 in debt outstanding and $2,138 in common stock (and no preferred stock). Its marginal tax rate is 30%. Marie's bonds have a YTM of 5.3%. The current stock price (Po) is $47. Next year's dividend is expected to be $2.31, and it is expected to grow at a constant rate of 4% per year forever. The company's W.A.C.C. is %. Margin of error for correct responses: +/.10(%) Rounding and Formatting instructions: Do not enter dollar signs, percent signs, commas, X, or any words in your response. Do not round any intermediate work, but round your final response to 2 decimal places (example: if your answer is 12.3456 , 12.3456%, or $12.3456, you should enter 12.35). Note: Correct answer feedback may show more than 2 decimal places, but you should still follow instructions above for entering your answers. 6.58 margin of error +/0.1

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

7.A random sample of 49 observations is drawn from a population with a normal distribution. If...

Basic Math
Q

From the And The Band Played On Movie: How important is communication between researchers in the...

Biology
Q

1. Consider the loop from Section 8.3 of your textbook. prefixes = 'JKLMNOPQ' suffix = 'ack' for letter...

Programming
Q

Europa Publications, Inc. specializes in reference books that keep abreast of the rapidly changing political and...

Accounting
Q

9 Heat energy absorbed by a system in going through a cyclic process shown in...

Physics
Q

30 N are applied on a wheel as shown in the figure What is the...

Physics
Q

Morton Company purchased a machine for $45,000. The machine had an expected useful life of...

Accounting
Q

Carla Vista Construction Company...

Accounting
Q

36. An example of a trial court of general jurisdiction that does not specialize in...

Accounting
Q

What term represents the total variable cost component in the equation: y = vs+f? a....

Accounting
Q

Explain, with the use of equations, the difference between the sample regression function and function...

Finance
Q

a company reports the following stockholders' equity: Paid in capital commonstock, $10 par, 500,000 shares...

Accounting