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2 Question 4 10 pts General Lithograph Corporation uses no preferred stock. Their capital structure uses 71% debt (hint: the rest is equity). Their marginal

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2 Question 4 10 pts General Lithograph Corporation uses no preferred stock. Their capital structure uses 71% debt (hint: the rest is equity). Their marginal tax rate is 26.33%. Their before-tax cost of debt is 4.15%. General Lithograph's stock paid a dividend per share of $2.2 last year, and their dividend is expected to grow at 5.15% over the long-run. Their stock currently trades at $63.21 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)

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