Capital Structure: Cost of retained earnings; cost of equity; finance new project; payback period; NPV; required rate of return; YTM; stock price
See attached file for proper format. Capital Structure 1 The corporate treasurer of Ajax Company expects the company to grow at 4% in the future, and debt securities at 6% interest (tax rate = 30%) to be a cheaper option to finance the growth. The current market price per share of its common stock