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5-6 help pls. Question 5 (1 point) A firm has a target capital structure that consists of 35% of retained earnings and the rest in

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Question 5 (1 point) A firm has a target capital structure that consists of 35% of retained earnings and the rest in debt. The firm's cost of retained earnings is 11.8%. The firm's cost of new debt is similar to the yield to maturity of its existing bonds, which is 4.8%. The firm's tax rate is 25%. Given this information, and given that the firm has no preferred stock, what is the WACC? Answer in percentage without the symbol. Your Answer: Answer Question 6 (1 point) A firm is expected to pay a $2.60 dividend. The stock is currently selling for 68.15 and is expected to grow at a rate of 5%. What is the cost of new equity if floatation costs are 5%? Answer in percentage without the symbol Your

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