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Bhegg, is a morally bankrupt consulting firm that provides services to unethical people (who will get found out). The firm has a capital structure consists

image text in transcribed Bhegg, is a morally bankrupt consulting firm that provides services to unethical people (who will get found out). The firm has a capital structure consists of 45% debt and 55% common equity. They recently paid a dividend of $2.37, the dividend is expected to grow at a constant rate of 5.50% indefinitely. Their common stock currently sells for $52.50 a share. The before-tax cost of debt is 7.50%, and the tax rate is 40%. What is the company's WACC? Bhegg, is a morally bankrupt consulting firm that provides services to unethical people (who will get found out). The firm has a capital structure consists of 45% debt and 55% common equity. They recently paid a dividend of $2.37, the dividend is expected to grow at a constant rate of 5.50% indefinitely. Their common stock currently sells for $52.50 a share. The before-tax cost of debt is 7.50%, and the tax rate is 40%. What is the company's WACC

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