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A company has the following information. Debt: 2 1 , 0 0 0 bonds outstanding, 6 percent coupon, $ 1 , 0 0 0 par
A company has the following information. Debt: bonds outstanding, percent coupon, $ par value, years to maturity, selling for percent of par; the bonds make semiannual coupon payments. Common stock: shares outstanding, selling for $ per share; the beta is The company's tax rate is percent. The market risk premium MRP is percent and the riskfree rate is percent. Find the company's weighted average cost of capital WACC
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