Shares of preferred stock outstanding

Assignment Help Financial Management

Reference no: EM13940170

JackITs has 6.0 million shares of common stock outstanding, 2.0 million shares of preferred stock outstanding, and 30.00 thousand bonds. If the common shares are selling for $29.10 per share, the preferred shares are selling for $14.50 per share, and the bonds are selling for 97.90 percent of par, what would be the weight used for equity in the computation of JackIT's WACC?

66.67%

33.33%

74.72%

74.95%

Reference no: EM13940170

Questions Cloud

Preferred stock of erie railroad ties pays annual dividend : The preferred stock of Erie Railroad Ties pays an annual dividend of $8.20 and sells for $51.70 a share. What is the rate of return on this security?

Part of a real estate course : The above topic is part of a real estate course. Below are the login details for the online portal. Once you select this subject you will see all the instructions there. Once complete please email me the files.

Long-run economic growth in pursuing short-run stabilization : If monetary policy is used to control GDP, there is greater sacrifice of long-run economic growth in pursuing short-run stabilization the ________ is fiscal policy and thus the ________ is the real interest rate.

What fields and methods are inherited by which class : What java keyword is used in a class header when a class is defined as inheriting from an interface?

Shares of preferred stock outstanding : JackITs has 6.0 million shares of common stock outstanding, 2.0 million shares of preferred stock outstanding, and 30.00 thousand bonds. If the common shares are selling for $29.10 per share, the preferred shares are selling for $14.50 per share, and..

Assignments in human and animal research ethics : There are 4 short Assignments in Human and Animal Research Ethics. The Assignments should be written in Vancouver References system and free from plagiarism and well spelt and in good English.

How would you implement a performance management system : What types of communications and information management systems can you utilize to ensure that psychological assistance is provided for first responders? Explain in detail.

Regarding the beta coefficient : Which of the following statements is FALSE regarding the beta coefficient?

Bid-ask spread on t-bonds went down : Explain with the help of demand supply diagrams what would happen to the YTM on Initech”s bonds if the bid-ask spread on T-bonds went down (say as a result of more plentiful supply of T-bonds).

User Account

All Pages