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A company has 60,000 outstanding stocks, a WACC of 11.5%, a debt-to-equity ratio of 0.7, and a yield-to-maturity of 6%. The market risk premium is 11% and the company stock

beta is 1.2. The risk-free rate is 3%. The company was founded 10 years ago and promised to always pay a dividend of $ 3. A. What is the price of a stock of the company? What is the total equity of the company? B. How much debt outstanding does the company have? What is its capital structure? C. What percentage of the company does an investor who owns 4800 shares control? What if the company issues a 3% share dividend?

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