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expected to grow at a constant rate of 6% per year, 410,000 shares of stock are outstanding, and the current WACC is 13.70%. recapitalization, its

image text in transcribed expected to grow at a constant rate of 6% per year, 410,000 shares of stock are outstanding, and the current WACC is 13.70%. recapitalization, its before-tax cost of debt will be 10% and its cost of equity will rise to 15.5%. a. What is the stock's current price per share (before the recapitalization)? Do not round intermediate calculations. Round your answer to the nearest cent. $ calculations. Round your answer to the nearest cent. $

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