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Given the following information. Percent of capital structure: Debt Preferred stock Common equity Additional information: Corporate tax rate. Dividend, preferred. Dividend, expected common Price, preferred
Given the following information. Percent of capital structure: Debt Preferred stock Common equity Additional information: Corporate tax rate. Dividend, preferred. Dividend, expected common Price, preferred Corporate growth rate Bond yield Flotation cost, preferred Price, common Debt (Kd) Preferred stock (Kp) Common equity (Ke) 40% 25 35 Weighted average cost of capital (K) 30 % $12.00 $7.50 $95.00 10% 12% Calculate the weighted average cost of capital for Hadley Corporation. Line up the calculations in the order shown in Table (Round intermediate calculations to 2 decimal places. Round the final answers to 2 decimal places.) $8.50 $80.00 Weighted Cost
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