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General Lithograph Corporation uses no preferred stock. Their capital structure uses 26% debt (hint: the rest is equity). Their marginal tax rate is 37.57%. Their
General Lithograph Corporation uses no preferred stock. Their capital structure uses 26% debt (hint: the rest is equity). Their marginal tax rate is 37.57%. Their before-tax cost of debt is 4.36%. General Lithograph's stock is expected to pay a dividend per share of $1.49 next year, and their dividend is expected to grow at 2.09% over the long-run. Their stock currently trades at $79.92 per share. What is General Lithograph's weighted average cost of capital (WACC)? Please enter without using the "%", but with two decimal places (in other words if you calculate 9.87% , then just enter 9.87). Question 10 JUN 28 tv J (a 2 10 6 pts LIL 6 pts "6
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