Hook Industries capital structure consists of solely debt andequity. It can issue debt at rd =11% and its common stock currentlypays a dividend of $2 per share. The stocks current price is$24.75 its dividend is expected to grow at a constant rate of 7%per year its tax rate is 35% and its WACC is 13.95%. Whatpercentage of the firms capital structure consists of debt?
Hook Industries capital structure consists of solely debt andequity. It can issu
March 18th, 2019 admin
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