AZ Products has 175,000 shares of common stock outstanding at a market price of $52 a share Next year's annual dividend is expected to be $3 85 a share and the dividend growth rate is 3 25 percent The firm also has 18,000 bonds outstanding with a face value of $1,000 per bond The bonds have a pretax yield of 7 65 percent and sell at 93 percent of face value The company's tax rate is 32 percent What is the firm's weighted average cost of capital Incorrect 0 4 pts Question 5 AZ products has 175,000 shares of common stock outstanding at a market price of $52 a share Next year's annual dividend is expected to be $3 85 a share and the dividend growth rate is 3 25 The firm also has 18,000 bonds outstanding with a face value of $1,000 per bond The bonds have a yield to maturity of 7 65 and sell at 93 of face value The company's tax rate is 32 What is the firm's weighted average cost of capital 6 41 8 06 7 49 8 59 7 12

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AZ Products has 175,000 shares of common stock outstanding at a market price of $52 a share. Next year's annual dividend is expected to be

AZ Products has 175,000 shares of common stock outstanding at a market price of $52 a share. Next year's annual dividend is expected to be $3.85 a share and the dividend growth rate is 3.25 percent. The firm also has 18,000 bonds outstanding with a face value of $1,000 per bond. The bonds have a pretax yield of 7.65 percent and sell at 93 percent of face value. The company's tax rate is 32 percent. What is the firm's weighted average cost of capital?

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Incorrect 0/4 pts Question 5 AZ products has 175,000 shares of common stock outstanding at a market price of $52 a share. Next year's annual dividend is expected to be $3.85 a share and the dividend growth rate is 3.25%. The firm also has 18,000 bonds outstanding with a face value of $1,000 per bond. The bonds have a yield to maturity of 7.65% and sell at 93% of face value. The company's tax rate is 32%. What is the firm's weighted average cost of capital? 6.41% 8.06% 7.49% 8.59% 7.12%