Referring to Willerton Industries of the previous problem, (I will post the previous problem after this one) the company’s long term debt is comprised of 20-year $1,000 face value bonds issued seven years ago at an 8% coupon rate. The bonds are now selling to yield 6%. Willerton’s preferred is from a single issue of $100 par value, 9% preferred stock that is now selling to yield 8%. Willerton has four million shares of common stock oustanding at a current market price of $31. Calculate WIllerton’s market value of based capital structure.,,,PREVIOUS PROBLEM: Willerton Industries Inc. has the following balances in its capital accounts as of 12/31/x3,,Long term debt 65,000,000,Preferred Stock 15,000,000,Common Stock 40,000,000,Paid in Excess 15,000,000,Retained Earnings 37,500,000,,
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