What are erna capital structure weights on book value basis

Reference no: EM13280292

Erna Corp. has 8 million shares of common stock outstanding. The current share price is $73, and the book value per share is $7. Erna Corp. also has two bond issues outstanding. The first bond issue has a face value of $85 million, has a 7 percent coupon, and sells for 97 percent of par. The second issue has a face value of $50 million, has an 8 percent coupon, and sells for 108 percent of par. The first issue matures in 21 years, the second in 6 years.

What are Erna's capital structure weights on a book value basis?
What are Erna's capital structure weights on a market value basis?

Reference no: EM13280292

Questions Cloud

What is the reflection coefficient of the wave in the guide : An optical waveguide with gain and cleaved facets result in high reflection of the light wave resulting in oscillations which causes the guide to become a laser. What is the reflection coefficient of the wave in the guide at the cleaved interface

What is the minimum value for which the beam will not emerge : An equilateral glass prism w/ an index 1.42 has a beam of light incident on one face at an angle of θi to the normal. Determine the angle at which it emerges from an adjacent face of the prism.

Determine the opponent''s final velocity after the blow : A professional boxer hits his opponent with a 1025-N horizontal blow that lasts 0.160 s. determine the opponent's final velocity after the blow

What sequencing rule do you recommend and why : Compute the average flow time, tardiness, and lateness for the following sequences: SPT sequence, EDD sequence, and sequence B-A-E-C-D

What are erna capital structure weights on book value basis : What are Erna's capital structure weights on a book value basis?

Determine what is the polarization of the reflected beam : A collimated light beam from a helium-neon laser at 632.8 nm wavelength impinges on a dielectric film of refractive index of 2.0 at an angle of 75 degrees to normal, with a polarization at 45 degrees to the plane of incidence.

Impacts of recent events involving the u.s. economy : Describe a situation in your business or personal life that required research. You also may describe a current situation that will require research in the future.

Find the volume of blood pumped by your heart in one day : Heart Pump Rate When at rest, your heart pumps blood at the rate of 5.00 liters per minute (L/min). find the volume of blood pumped by your heart in one day

Compute the value of the activation energy in kilojoules : A first order reaction has a rate constant of 0.210 at 25 oC and 4.91 at 42 oC. Calculate the value of the activation energy in KILOJOULES

User Account

All Pages