Shearer Sales Consulting (SSC) has 20 million shares of stock outstanding that trade at $50. The risk-free interest rate is 4% and the market risk…
Shearer Sales Consulting (SSC) has 20 million shares of stock outstanding that trade at $50. The risk-free interest rate is 4% and the market risk premium is 7.6%. This stock has a beta of 2.16. SCC also has $350 million in 11% bonds outstanding and the company has a 34% tax rate. Show all calculations for each of your answers to earn full credit. Part […]