This week, please read the continuing case at the end of Chapter 9 in your textbook.
After studying the Chapter 9 case, respond to the following:
- What external financing options are available to PCI, Inc.?
- If PCI decides to issue additional common stock, what is likely to be its approximate cost of capital?
- How will the perceived value of the stock influence buyers’ willingness to purchase the stock? Does PCI expect to fair well in the selling of stock securities?