Business, 19.12.2019 03:31 Jordandenzel

Sanford company currently has 15% of its market value in debt and 85% in common stock, with no preferred stock. its debt has a coupon rate of 7%, a yield-to-maturity of 6%, and a corporate tax rate of 35%. the expected market return is 11% and the risk-free rate is 3%. sanford has a beta of 0.90.

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