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Given the following informatna calculate the weighted average cost of capital for Puppet Corporation. (Round Intermediate calculations to 2 decimal place Round the final answers
Given the following informatna calculate the weighted average cost of capital for Puppet Corporation. (Round Intermediate calculations to 2 decimal place Round the final answers to 2 decimal places.) 35% 50 15 Percent of capital structure: Debt Preferred stock Common equity Additional information: Bond coupon rate Band yield Bond flotation cost Dividend, expected common Price, common Dividend, preferred Flotation cost, preferred Flotation cost common Corporate growth rate Corporate tax rate 8.5% 8.25% 2% $1.50 $30.00 5% 3% 4.BOX 6% 35% a. Calculate the cost of capital assuming use of internally generated funds. Intemal capital cost b. Calculate the cost of capital assuming use of externally generated funds. External capital cost c. Not suitable for Connect
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