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Consider the case of Turnbull Co. Turnbull Co. has a target capital structure of 58% debe, 6% preferred stock, and 36% common equity. It has

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Consider the case of Turnbull Co. Turnbull Co. has a target capital structure of 58% debe, 6% preferred stock, and 36% common equity. It has a belore-tax cost of debe of 11.1%, and its cost of preferred stock is 12.2%. common equity, it will carry a cost of 16.8%. If ins current tax rate is 25%, how roch higher will tumbull's weighted average cost of capital (wAcC) be if it has to rake additional contunon equity capital by bssuing new comnon stock instead if raising the funds through retained earnings? (Note: Round your intermediate calculations to the dedinal olaces.) 0,76% 0.51% 1.03W rate of 25h. What will bo the wacc for this project (Note: Mound your intersondate calculations to three dedimal Maces.) Consider the case of Kuhn Ce. Kuthe does not hwe any retained earnings avaliable to finance this groject, so the firm will have to issue new cenimon stock to help fund it. its common stock is currently selling for 172.35 per share, and it is expected to pay a dividend of $2.76 at the end of neat vear. fletabien costs wil rase at 25%. What will be the wacc for this project? (Nete: Round wour intermesate calculations to two ifecimal places.)

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