I need to know how to calculate the market value in order to calculate the WACC.
8% bonds that mature in 20 years $8000000
Ordinary shares $5000000
6% preference shares $ 2000000
The market value of bonds is currently $8440000
Shares currently quoted as $0.60
I believe the market value of bonds is the stated $8440000, but how do I work out the market value of the ordinary shares?
Market Value of ordinary shares= Number of ordinary shares * Market value per share
This provides the steps to calculate the market value of the ordinary shares