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9-23. The law lim of Dewey, Cheatem, and Ilowe (DCHI) has the following Sheet: DCHs creditors charge 9.5 percent annual interest on loans to the

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9-23. The law lim of Dewey, Cheatem, and Ilowe (DCHI) has the following Sheet: DCHs creditors charge 9.5 percent annual interest on loans to the compar sell preferred stock with a $10 per share dividend to the public for $50 a sha the company after commissions). The company's combined federal and stat is 35 percent, its beta is 1.1, the risk-free rate is 4 percent, and the expecte return on the stock market is 12 percent. Given these conditions, what WACC? Dewey, Cheatem, and Ilowe (DCII) has the following balance rge 9.5 percent annual interest on loans to the company. It can with a $10 per share dividend to the public for $50 a share (net to ommissions). The company's combined federal and state tax rate ta is 1.1, the risk-free rate is 4 percent, and the expected rate of i market is 12 percent. Given these conditions, what is DCH's 9-23. The law lim of Dewey, Cheatem, and Ilowe (DCHI) has the following Sheet: DCHs creditors charge 9.5 percent annual interest on loans to the compar sell preferred stock with a $10 per share dividend to the public for $50 a sha the company after commissions). The company's combined federal and stat is 35 percent, its beta is 1.1, the risk-free rate is 4 percent, and the expecte return on the stock market is 12 percent. Given these conditions, what WACC? Dewey, Cheatem, and Ilowe (DCII) has the following balance rge 9.5 percent annual interest on loans to the company. It can with a $10 per share dividend to the public for $50 a share (net to ommissions). The company's combined federal and state tax rate ta is 1.1, the risk-free rate is 4 percent, and the expected rate of i market is 12 percent. Given these conditions, what is DCH's

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