At 2018 ABI Construction has a face debt value of 22.48M trading
at 96% with a pre-tax weigthed cost of 4.04%. ABI common equity for
the year was valued at 115.84M and preferred equity for 13.63M. The
Preferred equity rate was calculated to be 7%. However, the common
equity was to be calculated using CAPM approach, with a 3% risk
free rate and a 7% market risk premium rate, assuming a 1.65 Beta.
If the tax rate is 42%, What...