i will give you a thumbs up even if you are wrong!!! i need help please by tonight. here is the question: The __Courtney___ (1) Co. has __1,323,000__ (2) shares of common stock, currently trading at $__50.5___ (5) /share. The common stock of _____Courtney__ (1) Co. is expected to pay a dividend next year of $__2___ (8)/share, and it has a Beta calculated at ___1.61___ (12). It also has ___63,000_____ (3) shares of preferred stock, trading at $___101___ (6) /share. The preferred stock pays dividends of __8__ (13) %. Finally, _________Courtney_(1) Co. has ____26,460___ (4) bonds currently trading at $___1400___ (7) /bond. The coupon rate is ___6____ (14) %, and the bonds will mature in ___22____ (15) years.

_______Courtney_ (1) Co. expects its dividends to grow at a rate of ____15___ (9) %/year, and it is in a 21% tax bracket. It estimates that the risk free rate of return is ___3___ (10) % and the market rate of return is ___16____ (11) %.

Calculate the WACC for _____Courtney____ (1) Co. Be sure to show all your work. NOTE: When calculating the cost of equity, compute the cost using the CAPM method and the DCF (Dividend Constant Growth Method) and average the two.

ALCD=23,0, 21215060=49 Angara 3+3=6 ADC. 4+M+N. 216050. 63,000B+3+3=22 ABD= 212160=24,460 (A+4)/2= (21+80)/1=50.5 EtA= 80+4=101 (0+i)10= (60+20)10=1500 AB=2 21z=0 wite 2 plass then 2 (0n+H)/2= (15+15)2=15 (m+N)/2= (3+3)/2=3 (I+))/2= (6+16)/2=16 k/100+.75= 86) 100+.75=1.61 H/2= k12=8 E=1,323,00050.5=66,711,500,110,218,500=.6061737423p=63,000101=6,36,3000/110,218,500=.0577307902D=26,4601400=33,044000/110,218,500=.3360960274E+,0=110,2:8,500465i=486551237928+.0577307502ip+.336096027%id(iT^R)