Assignment
1. Select a publicly traded company.
2. Compute the market debt to equity ratio (Market value of debt /Market value of equity) for five years. Approximate the market value of debt by the book value of long-term debt. Use the stock price and number of shares outstanding to calculate the market value of equity.
3. Show how the capital structure of the company has changed over time on a Table and a Graph. Does it appear that company has a stable target debt ratio?
4. What is the capital structure of the industry? How do you explain the similarity or the difference between the firm and the industry?
5. After researching, describe the trade-off theory and the pecking order theory using your own words.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.