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Comida corp. is a grocery store located in the midwest. It paid an annual dividend of $2.00 last year to its shareholders and plans to

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Comida corp. is a grocery store located in the midwest. It paid an annual dividend of $2.00 last year to its shareholders and plans to increase the dividend annually at 40% forever. It has 600,000 shares outstanding. The shares currently sell for $23 per share. Comida Corp has 15,000 semiannual bonds outstanding with a coupon rate of 7%, a maturity of 20 years, and a par value of $1,000. The bonds currently have a vield to maturity (YTM) of 7% per bond. What is the adjusted WACC for Comida Corp. if the corporate tax rate is 35%? What is the adjusted WACC for Comida corp. If the corporate tax rate is 35%7 % (Round to two decimal places.) Question Viewer Enter your answer in the answer box and then click Check Answer All parts showing CA Check

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