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A company has issued $ 1 0 0 M in bonds which are trading at a 3 % premium, and it has issued 6 0

A company has issued $100M in bonds which are trading at a
3% premium, and it has issued 60M shares which are trading
at $2.16 per share.
The bonds are yielding 5.06% EAR.
The shares are paying dividends of $0.18 per annum with a
100% payout ratio.
What is the firms weighted average cost of capital if the
corporate tax rate is 30%?

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