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5. Problem 10.09 (WACC) [] eBook The Paulson Company's year-end belance sheet is shown below. Its cost of common equily is 17%, its before tax

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5. Problem 10.09 (WACC) [] eBook The Paulson Company's year-end belance sheet is shown below. Its cost of common equily is 17%, its before tax cost of debt is 9%, and its marginal tax rate is 25%. Assume that the frrm's iang-term debt selis at por value. The firm's total debe, which is the sum of the company's short-term debt and long-term debt, equals $1, I 44 . The firm has 576 shares of commen stock outstanding that sed for $4.00 per share. Calcutate Paulson's. WacC using market-value weights. Do not round intermediate calculations. Round your answer to two decimal places. 44 Grade it Now Save \& Continue Continue without saving

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