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Chapter 8 4. calculate the Michael Hill's cash payments to its shareholders in the years 2007-2016 that are implicitly assumed in the projections in

dont really understand what r they asking about
Chapter 8 4. calculate the Michael Hill’s cash payments to its shareholders in the years 2007-2016 that are implicitly assumed in the projections in table 8.4 5. how will the abnormal earnings calculations in table 8.5 change if the cost of equity assumption is changed to 15 per cent? 6. how will the terminal values in Table 8.6 change if the sales growth in years 2017 and beyond is 12 per cent and the company keeps forever its abnormal returns at the same level as in fiscal 2016?( keeping all the other assumptions in the table unchanged)? .7. Calculate the proportion of terminal values to total estimated values of equity under the abnormal earnings method and the discounted cash flow method for the results shown in table 8.7. Why are these proportions different? 8. what will be Michael hill’s cost of equity if the equity market risk premium is 5 per cent? 9. Assume that Michael Hill changes its capital structure so that its market value weight of debt to capital increases to 45 per cent and its after-tax interest rate on debt at this new leverage level is 4 per cent. Assume that the equity market risk premium is 6 per cent. What will be the cost of equity at new debt level? What will be the weighted average cost of capital?
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