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Given the following information, calculate the weighted average cost of capital for Puppet Corporation. (Round intermediate calculations to 2 decimal places. Round the final answers
Given the following information, calculate the weighted average cost of capital for Puppet Corporation. (Round intermediate calculations to 2 decimal places. Round the final answers to 2 decimal places.) 555 5 40 Percent of capital structure Debt Preferred stock Common equity Additional information: Bond coupon rate Bond yield Bond flotation cont Dividend, expected common Price, common Dividend, preferred Flotation cont, preferred Flotation cont, common Corporate growth rate Corporate tax rate 8.5% 75 20 $1.50 $30.00 50 356 a. Calculate the cost of ca use of internally generated funds. Internal capital cost 7.211% b. Calculate the cost of capital assuming use of externally generated funds. External capital cost 1% c. This part of the question is not part of your Connect assignment
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