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Adjusted WACC. Hollydale's is a clothing store in East Park. It paid an annual dividend of $1.70 last year to its shareholders and plans to

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Adjusted WACC. Hollydale's is a clothing store in East Park. It paid an annual dividend of $1.70 last year to its shareholders and plans to increase the dividend annually at 3 5% it has 460,000 shares outstanding The shares currently sell for S27.25 per share Holydale's has 17,000 s iannual bonds outstanding with a coupon rate of 7.5%, a maturity of 22 years, and a par value of $1,000. The bonds are currently seling for $857.36 per bond what is the ad usted WACC for Hollydale's if the corporate tax rate is 25%? what is the adjusted WACC for Hollydale's if the corporate tax rate is 25%

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