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Information on Lightning Power Company, is shown below. Assume the company's tax rate is 2 3 percent. Debt: Common stock: Preferred stock: Market: 1 7
Information on Lightning Power Company, is shown below. Assume the company's tax rate is percent.
Debt:
Common stock:
Preferred stock:
Market:
percent coupon bonds outstanding, $ par value, years
to maturity, selling for percent of par; the bonds make
semiannual payments.
shares outstanding, selling for $ per share; beta is
shares of percent preferred stock outstanding, currently
selling for $ per share. The par value is $
percent market risk premium and percent riskfree rate.
What is the company's cost of each form of financing?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to decimal places, eg
Calculate the company's WACC.
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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