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A firm has 7 0 0 , 0 0 0 shares of common stock outstanding at a market price of $ 4 7 a share.
A firm has shares of common stock outstanding at a market price of $ a share. Last month, the firm paid an annual dividend in the amount of $ per share. The dividend growth rate is The company also has bonds outstanding with a face value of $ per bond. The bonds carry a coupon, pay interest annually, and mature in years. The bonds are selling at of face value. The company's tax rate is What is the company's weighted average cost of capital WACC
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