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047 T DO Home Announcements Syllabus Modules arton instructure.com/courses/35642/quizzes/183100/take Grades Discussions Assignments Quizzes People Course Evaluations D Question 3 OQ Assignment #3-Part 2 Cost of

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047 T DO Home Announcements Syllabus Modules arton instructure.com/courses/35642/quizzes/183100/take Grades Discussions Assignments Quizzes People Course Evaluations D Question 3 OQ Assignment #3-Part 2 Cost of Capital & Capital deng Question 4 A Q 10 pts General Lithograph Corporation uses no preferred stock. Their capital structure uses 24% debt (hint: the rest is equity). Their marginal tax rate is 26.09%. Their before-tax cost of debt is 6.06%. General Lithograph's stock paid a dividend per share of $1.42 last year, and their dividend is expected to grow at 4.94% over the long-run. Their stock currently trades at $69.21 per share. What is General Lithograph's weighted average cost of capital (WACC)? Please enter without using the "%" but with two decimal places (in other words if you calculate 9.87% , then just enter 9.87). To 10 pts

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