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Hello I would like to know if you can help me with these question? If soI would like them answered in a word doc and
Hello I would like to know if you can help me with these question? If soI would like them answered in a word doc and not excelplease.
Based on the information below, calculate the weighted average cost of capital. Great Corporation has the following capital situation. 1. Debt: One thousand bonds were issued five years ago at a coupon rate of 8%. They had 25year terms and $1,000 face values. They are now selling to yield 9%. The tax rate is 36% 2. Preferred stock: Two thousand shares of preferred are outstanding, each of which pays an annual dividend of $7.50. They originally sold to yield 15% of their $50 face value. They're now selling to yield 8%. 3. Equity: Great Corp has 125,000 shares of common stock outstanding, currently selling at $14.48 per share. Dividend expected for next year is $1.00 and the growth rate is 5%Step by Step Solution
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