Type your q Titan Mining Corporation has 9.4 million shares of common stock outs
ID: 2661197 • Letter: T
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Titan Mining Corporation has 9.4 million shares of common stock outstanding, 380,000 shares of 4 percent preferred stock outstanding, and 200,000 8.2 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $42 per share and has a beta of 1.20, the preferred stock currently sells for $92 per share, and the bonds have 10 years to maturity and sell for 113 percent of par. The market risk premium is 8.2 percent, T-bills are yielding 3 percent, and Titan Mining
Titan Mining Corporation has 9.4 million shares of common stock outstanding, 380,000 shares of 4 percent preferred stock outstanding, and 200,000 8.2 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $42 per share and has a beta of 1.20, the preferred stock currently sells for $92 per share, and the bonds have 10 years to maturity and sell for 113 percent of par. The market risk premium is 8.2 percent, T-bills are yielding 3 percent, and Titan Mining
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Question 3 Titan Mining Corporation has 8 million shares of common stock outstanding, 0.5 million shares of 6 percent preferred stock outstanding, and 100,000, 9% semiannual bonds outstanding, pare value $1,000 each. The common stock currently sells for $32 per share and has a beta of 1.15, the preferred stock currently sells for $67 per share, and the bonds have 15 years to maturity and sell for 91% of par. The market risk premium is 10%, T-bills are yielding 5%, and Titan Mining
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