Solution 00 points Filer Manufacturing has 12 million shares of common stock outstanding The current share price is 62 and the book value per share is 5
Solution points Filer Manufacturing has million shares of common stock outstanding The current share price is and the
Solution points Filer Manufacturing has million shares of common stock outstanding The current
has million shares of common stock outstanding The current share price is and the book value per share is
Solution points Filer Manufacturing has million shares of common stock outstanding
The current share price is and the book value per share is
Solution points Filer Manufacturing has million shares of common
Solution points Filer Manufacturing
(Solution) 00 points Filer Manufacturing has 12 million shares of common stock outstanding. The current share price is $62, and the book value per share is $5.

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10.00 points Filer Manufacturing has 12 million shares of common stock outstanding. The current share price is $62, and the book value per share is $5.4. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $62 million, has a 6 percent coupon, and sells for 97.7 percent of par. The second issue has a face value of $47 million, has an 7 percent coupon, and sells for 103.7 percent of par. The first issue matures in 20 years, the second in 8 years. The most recent dividend was $3.30 and the dividend growth rate is 5.1 percent. Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate is 35 percent. The company's WACC is percent.(Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16)) rev: 11_22_2011

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