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19 The firm's preferred stock pays an annual dividend of $5.50, and the stock sells for $68. Flotation costs of preferred stock was 10% of
19
The firm's preferred stock pays an annual dividend of $5.50, and the stock sells for $68. Flotation costs of preferred stock was 10% of the stock value. The firm's stock is selling for $80. The dividend paid in 2019 was $2.13, in 2018 was 1.94, in 2017 was 1.76 and .1.60 in 2016 . If the firm issue new stocks a 9% of the selling price will be charged as selling costs. Bond's yield to maturity is 13% The firm marginal tax rate is 35% Calculate the actual Weighted Average Cost of Capital if the optimal capital structure is 55% debt, 15% Preferred Stocks and Common equity PRESENT YOUR ANSWER IN PERLENT ROUNDED WITH ZERO DECIMAL PLACES DON'T MAKE INTERMEDIATE CALCULATIONS. DON'T WRITE THE PERCENTAGE SYMBOL EX 17\% WRITE JUST 17 Respuesta Step by Step Solution
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