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Charlotte's Crochet Shoppe has 15,200 shares of common stock outstanding at a price per share of $78 and a rate of return of 11.73 percent.
Charlotte's Crochet Shoppe has 15,200 shares of common stock outstanding at a price per share of $78 and a rate of return of 11.73 percent. The company also has 310 bonds outstanding. with a par value of $2,000 per bond. The pretax cost of debt is 6.19 percent and the bonds sell for 98 . percent of par. What is the firm's WACC if the tax rate is 23 percent? 1028sin 905% vars 985x
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