Calculation of individual costs and

Calculation of individual costs and WACC Dillon Labs has asked its financial
manager to measure the cost of each specific type of capital as well as the weighted
average cost of capital. The weighted average cost is to be measured by using the fol-lowing weights: 40% long-term debt, 10% preferred stock, and 50% common stock
equity (retained earnings, new common stock, or both). The firm’s tax rate is 40%.
Debt The firm can sell for $980 a 10-year, $1,000-par-value bond paying
annual interestat a 10% coupon rate. A flotation cost of 3% of the par value is
required in addition to the discount of $20 per bond.
Preferred stock Eight percent (annual dividend) preferred stock having a par
value of $100 can be sold for $65. An additional fee of $2 per share must be
paid to the underwriters.
Common stock The firm’s common stock is currently selling for $50 per share.
The dividend expected to be paid at the end of the coming year (2013) is $4. Its
dividend payments, which have been approximately 60% of earnings per share
in each of the past 5 years, were as shown in the following table

Kết quả (Estonia) 1:

Arvutamine kulude hindamist ja WACC Dillon Labs on palunud oma rahalistManager mõõta iga konkreetset tüüpi kapitali samuti kaalutud keskmise kulukapitali keskmine kulu. Kaalutud keskmine hind on mõõdetava fol tati kaaluvihtide abil: 40% pikaajalist võlga, 10% eelistatud stock ja 50% aktsiateOmakapital (eelmiste perioodide jaotamata kasum, uute aktsiate või mõlemad). Ettevõtte maksumäär on 40%.Võla ühing saab müüa $ 10-aastase, $1,000-par-hinna võlakirjale, pöörates 980iga-aastane interestat 10% kupongi määr. Flotatsiooni kulud 3% arvestuslikust väärtusestnõutakse lisaks 20 $ bond allahindlust.Preferred stock kaheksa protsenti (iga-aastane dividend) eelistatud varu on võrreldavväärtuseks $100, võib müüa $65. Lisatasu eest 2 $ aktsia tulebpöörata ning underwriters.Aktsiakapital äriühingu aktsiakapital on praegu müüa $ 50 aktsia.Tuleval aastal (2013) lõpus makstava dividendi on $4. Selledividendide väljamaksed, mille kohta on ligikaudu 60% aktsiatuluiga viimase 5 aasta jooksul olid nagu järgmises tabelis