b . What is the cost of debt for Kenny Enterprises if the bond sells at $ 1,000.00 ?
c . What is the cost of debt for Kenny Enterprises if the bond sells at $ 1,041.55 ?
d . What is the cost of debt for Kenny Enterprises if the bond sells at $ 1,176.64 ?
P11-7
COST of Preffered Stock . Kyle is raising funds for his company by selling preferred stock . The preferred stock has a par value os $ 83 and a dividend rate of 10.4 %. the stock for $ 59.45 in the market . What is the cost of preferred stock for Kyle ?
P 11-9
Stan is expanding his business and will sell common stock for the needed funds . If the current risk-free rate is 4.3 % and the expected market rate is 10.8 %, what is the cost of equity for Stan if the beta of the stock is
a ) What is the cost of equity for Stan if the beta of the stock is 0.62 ? b ) What is the cost of equity for Stan if the beta of the stock is 0.86 ? c ) What is the cost of equity for Stan if the beta of the stock is 1.09 ? d ) What is the cost of equity for Stan if the beta of the stock is 1.35 ===================================================