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A company has 4 , 9 0 0 , 3 3 1 shares of common stock outstanding. The current share price is $ 7 3
A company has shares of common stock outstanding. The
current share price is $ and the book value per share is $
This company also has two bond issues outstanding. The first bond
issue has a face value of $ has a coupon, matures
in years and sells for percent of par. The second issue has a
face value of $ has a coupon, matures in years,
and sells for percent of par.The most recent dividend was $ and the dividend growth rate
is Assume that the overall cost of debt is the weighted
average of that implied by the two outstanding debt issues. Both
bonds make semiannual payments. The tax rate is What is the company's WACC? Enter the answer with decimals
eg
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