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A firm has 7 0 0 , 0 0 0 shares of common stock outstanding at a market price of $ 5 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 the face value. The company's tax rate is What is the company's weight average cost of capital WACC
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