Company D Ordinary shares Number of ordinary shares issued Share price (pence) 2022 dividend per share (pence) Dividend growth rate Company D Irredeemable bonds Number of bonds issued 1,850,000 360.0 24.0 3.8% 12,000 Part (a) Please complete the following for the ordinary shares DO (pence) PO (pence) g Ke MVe (£) 24.0 360.0 Interest per bond (£) Market value per bond (£) 3.80% 10.72% 6,660,000 Please complete the following for the irredeemable bonds 4.00 96.00
Company D Ordinary shares Number of ordinary shares issued Share price (pence) 2022 dividend per share (pence) Dividend growth rate Company D Irredeemable bonds Number of bonds issued 1,850,000 360.0 24.0 3.8% 12,000 Part (a) Please complete the following for the ordinary shares DO (pence) PO (pence) g Ke MVe (£) 24.0 360.0 Interest per bond (£) Market value per bond (£) 3.80% 10.72% 6,660,000 Please complete the following for the irredeemable bonds 4.00 96.00
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 76E
Related questions
Question
![Company D
Ordinary shares
Number of ordinary shares issued
Share price (pence)
2022 dividend per share (pence)
Dividend growth rate
Company D
Irredeemable bonds
Number of bonds issued
Market value per bond
Coupon rate
1,850,000
360.0
24.0
3.8%
12,000
£96.00
4.0%
Part (a)
Please complete the following for the ordinary shares
DO (pence)
PO (pence)
g
Ke
MVe (£)
Interest per bond (£)
Market value per bond (£)
Tax rate
Kd
24.0
360.0
Please complete the following for the irredeemable bonds
MVd (£)
3.80%
10.72%
6,660,000
4.00
96.00
25.00%
4.17%
1,152,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd89ec980-29b7-4968-91d2-59a2e19b23f4%2F0ba6b411-6578-4e2f-9f77-878b70541d43%2Fmpw155_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Company D
Ordinary shares
Number of ordinary shares issued
Share price (pence)
2022 dividend per share (pence)
Dividend growth rate
Company D
Irredeemable bonds
Number of bonds issued
Market value per bond
Coupon rate
1,850,000
360.0
24.0
3.8%
12,000
£96.00
4.0%
Part (a)
Please complete the following for the ordinary shares
DO (pence)
PO (pence)
g
Ke
MVe (£)
Interest per bond (£)
Market value per bond (£)
Tax rate
Kd
24.0
360.0
Please complete the following for the irredeemable bonds
MVd (£)
3.80%
10.72%
6,660,000
4.00
96.00
25.00%
4.17%
1,152,000
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