Given the Following Data for Golf Corporation

question 51

Multiple Choice

Given the following data for Golf Corporation:
Market price/share = $12; Book value/share = $10; Number of shares outstanding = 100 million; market price/bond = $800; Face value/bond = $1,000; Number of bonds outstanding
= 1 million; Calculate the proportions of debt (D/V) and equity (E/V) for the firm that you would use for estimating the weighted average cost of capital (WACC) :

• A) 40% debt and 60% equity
• B) 50% debt and 50% equity
• C) 45.5% debt and 54.5% equity
• D) none of the given values

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Definitions:

Fetal Alcohol Effects

Health problems that can occur in a baby when the mother drinks alcohol during pregnancy. These are less severe than fetal alcohol syndrome but may include growth and behavioral problems.

Menopause

Menopause marks the end of a woman's reproductive years, characterized by the cessation of menstrual periods and a decrease in hormonal production.

Gender Roles

Societal norms dictating the types of behaviors that are considered acceptable, appropriate, or desirable for people based on their actual or perceived sex.

Gender Stereotypes

Generalized views and preconceived ideas about attributes or characteristics that are or ought to be possessed by, or the roles that are or should be performed by, males and females.