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Company X is expected to pay a dividend at year end of D1=$2.00. This dividend is expected to grow at a constant rate of 5.00%

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Company X is expected to pay a dividend at year end of D1=$2.00. This dividend is expected to grow at a constant rate of 5.00% per year, and the common stock is currently valued at $40.00 per share. The before-tax cost of debt is 5,00%, and the tax rate is 30%. The target capital structure consists of 40% debt and 60% common equity. What is the compamy's WACC? 4.40N 0.00% 6cos (4) 7.40K

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