Pfd Company has debt with a yield to maturity of 5.9 %, a cost of equity of 12.6 %, and a cost of preferred stock of 8. The market values of its…
Pfd Company has debt with a yield to maturity of 5.9 %, a cost of equity of 12.6 %, and a cost of preferred stock of 8.6 %. The market values of its debt, preferred stock, and equity are