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DOC Corporation has 5 0 0 , 0 0 0 preference shares trading at $ 3 each. The market risk premium is 1 2 .
DOC Corporation has preference shares trading at $ each. The market risk premium is pa the riskfree rate is pa and the company tax rate is The market yield on the DOC preference shares is per annum. The company's bonds have a total market value of $ have a coupon rate of pa and current yield to maturity is per annum. DOC Corporation has million ordinary shares outstanding that are currently priced at $ each and have a beta of What is DOC's WACC?
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