Business, 07.05.2020 03:11 vicsmi4573
Binomial tree farm's financing includes $5 million of bank loans and $6 million book value of 10-year bonds, which are selling at 95% of par value. its common equity is shown in binomial's annual report at $6.67. it has 500,000 shares of common stock outstanding which trade on the wichita stock exchange at $18 per share. what debt ratio should binomial use to calculate its wacc?
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Binomial tree farm's financing includes $5 million of bank loans and $6 million book value of 10-yea...
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