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ANZ Co. has the following information in its statement of financial position. The ordinary shares are currently quoted at $1.30 each and the bonds are
ANZ Co. has the following information in its statement of financial position. The ordinary shares are currently quoted at $1.30 each and the bonds are traded at $72 per $100 nominal. The ordinary dividend of $0.15 has just been paid with an expected growth rate of 10%. Corporation tax is currently 30%. Calculate the Weighted Average Cost of Capital (WACC) for ANZ Co
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