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Adjusted WACC. Hollydale's is a clothing store in East Park. It paid an annual dividend of $2.50 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 $2.50 last year to its shareholders and plans to increase the dividend annually at 4.0%. It has 450,000 shares outstanding. The shares currently sell for $19.15 per share. Hollydale's has 18,000 semiannual bonds outstanding with a coupon rate of 10.5%, a maturity of 15 years, and a par value of $1,000. The bonds are currently selling for $1,379.64 per bond. W is the adjusted WACC for Hollydale's if the corporate tax rate is 30%? What is the adjusted WACC for Hollydale's if the corporate tax rate is 30%

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