Question: х 1.a Manufacturing Company Has 30,000 Bonds Outstanding With A 9% Annual Coupon Rate, 10 Years To Maturity, A $3,000 Face Value, And A $4.100 Market Price. Yield To Maturity (YTM) Is 6,48%. The Company’s 700,000 Shares Of Common Stock Sell For $45 Per Share And Have A Beta Of 18. The Risk-free Rate Is 4%, And The Market Return Is 14%. Assuming A 35% …

Question: х 1.a Manufacturing Company Has 30,000 Bonds Outstanding With A 9% Annual Coupon Rate, 10 Years To Maturity, A $3,000 Face Value, And A $4.100 Market Price. Yield To Maturity (YTM) Is 6,48%. The Company’s 700,000 Shares Of Common Stock Sell For $45 Per Share And Have A Beta Of 18. The Risk-free Rate Is 4%, And The Market Return Is 14%. Assuming A 35% …

х 1.a manufacturing company has 30,000 bonds outstanding with a 9% annual coupon rate, 10 years to maturity, a $3,000 face va

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х 1.a manufacturing company has 30,000 bonds outstanding with a 9% annual coupon rate, 10 years to maturity, a $3,000 face value, and a $4.100 market price. Yield to Maturity (YTM) is 6,48%. The company’s 700,000 shares of common stock sell for $45 per share and have a beta of 18. The risk-free rate is 4%, and the market return is 14%. Assuming a 35% tax rate, what is the company’s WACC? Management has decided to add an additional 1.5 percent to the company’s overall cost of capital when evaluating a production expansion project. The project requires a capital investment of outlay of $82,000 and projected cash inflows of $37,000 in year one, 548,000 in year two, and $50,000 in year three. The firm has a flotation cost of debt of 9 percent and a flotation cost of equity of 12.5 percent. What is the projected net present value of the new project? (10 Points) Enter your answer