RSM332H1 Lecture Notes - Capital Structure
Document Summary
Filer manufacturing has 11 million shares of common stock outstanding. The current share price is , and the book value per share is . Filer manufacturing also has two bond issues outstanding. The first bond issue has a face value of million, has a 7 percent coupon, and sells for 93% of par. The second issue has a face value of. million, has an 8% coupon, and sells for 104 percent of par. The first issue matures in 21 years, the second in 6 years.
