Calculate the proposed capital budgeting project, Operation Management

Assignment Help:

Tommy Tinker Toys Inc. is considering a capital budgeting project that is unrelated to their current investments. The proposed project will be 40% debt financed at rd = 11.25%. They have identified three firms that they believe are basically comparable to the capital budgeting project under consideration, and they have collected the information about those comparable firms as shown below. Assume the following hold for all firms: (1) rM = 15%, (2) rf = 7%, (3) T = 0.35, (4) T* = 0.2, and (5) the total debt is the number of bonds indicated, each with a par value of $1,000 and 10 years to maturity. What cost of capital would you recommend the managers use to evaluate the proposed capital budgeting project?

Firm Stock Beta Stock Price #Shares Bond Price Coupon #Bonds

A 1.10 $25 1 million $1,100 12% 10,700

B 1.20 $30 2 million $900 10% 67,000

C 1.15 $22 5 million $850 8% 32,350


Related Discussions:- Calculate the proposed capital budgeting project

Disadvantages of process layout, Disadvantages of Process Layout 1. Co...

Disadvantages of Process Layout 1. Complexity of production Planning and Control: The absence of sequential mechanized channels for production make routing and scheduling more

Non-registered investment assets, They have set up two TFSAs for long-term ...

They have set up two TFSAs for long-term savings. One has a balance of $10,123 ($10,000 contributions, $123 in interest income for one year ). These funds are currently earn

An organisation has decided to outsource its is function, An organisation h...

An organisation has decided to outsource its IS function. Explain the main issues it needs to address. Having decided to outsource its IS function, there are a number of issue

Effect on costs and employer, Effect on Costs and Employer: Accidents  are...

Effect on Costs and Employer: Accidents  are harmful when  we take into account  the business  of the  concern.  It adds to the  costs of production  directly  as well  as  indire

Explain writing the final case study and strategic plan, Read the Starbucks...

Read the Starbucks Global Quest 2006: Is the Best Yet to Come? Case provided in the Course Materials section. From the perspective of an executive with the firm, prepare a 10-12 pa

International merketing, . Define international marketing and furnish its f...

. Define international marketing and furnish its features

What are some merits of a pay-for-knowledge pay system, What are some advan...

What are some advantages of a pay-for-knowledge pay system?

Explain quality improvement programs, Some have argued the Six Sigma progra...

Some have argued the Six Sigma programs are merely repackaged versions of older quality improvement programs that originally accompanied TQM initiatives in the 1980s. Present argum

Logistics alliances for initiation and maintenance, What are the major cons...

What are the major considerations regarding logistics alliances, for: a) initiation? b) implementation? c) maintenance? d) termination?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd