Sanford Company currently has 15% of its market value in debt and 85% in common stock, with no preferred stock. Its debt has a coupon rate of 7%, a yield-to-maturity of 6%, and a corporate tax rate of 35%. The expected market return is 11% and the risk-free rate is 3%. Sanford has a Beta of 0.90.
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Home » Business » Sanford Company currently has 15% of its market value in debt and 85% in common stock, with no preferred stock. Its debt has a coupon rate of 7%, a yield-to-maturity of 6%, and a corporate tax rate of 35%.