Homework answers / question archive / Question 34 LD Not yet answered The following relates to Long Drive Corporation: Points out of 1 Capital Structure: P Flag question 40% Common equity 15% Preferred stock 45% Debt Additional Information: Corporate tax rate = 34% Preferred stock dividend - $8

Question 34 LD Not yet answered The following relates to Long Drive Corporation: Points out of 1 Capital Structure: P Flag question 40% Common equity 15% Preferred stock 45% Debt Additional Information: Corporate tax rate = 34% Preferred stock dividend - $8

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Question 34 LD Not yet answered The following relates to Long Drive Corporation: Points out of 1 Capital Structure: P Flag question 40% Common equity 15% Preferred stock 45% Debt Additional Information: Corporate tax rate = 34% Preferred stock dividend - $8.50 Expected common share dividend = $2.50 Expected constant growth rate = 7.00% Bond coupon rate = 11.00% Bond yield to maturity = 9.50% Price of preferred stock = $105.00 Price of common stock = $75.00 What is the weighted-average cost of capital for LD Corporation? Select one: O A. 6.24% O B.7.78% O C. 8.14% O D. 9.52% Question 35 A company's common stock is selling for $45. Last year's dividend payment was $2.50. If the fir Not yet