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nanswered You Answered Correct Answer Question 17 0/4 pts General Lithograph Corporation uses no preferred stock. Their capital structure uses 65% debt (hint: the rest
nanswered You Answered Correct Answer Question 17 0/4 pts General Lithograph Corporation uses no preferred stock. Their capital structure uses 65% debt (hint: the rest is equity). Their marginal tax rate is 25.27%. Their before-tax cost of debt is 3.08%. General Lithograph's stock is expected to pay a dividend per share of $1.12 next year, and their dividend is expected to grow at 6.05% over the long-run. Their stock currently trades at $53.03 per share. What is General Lithograph's weighted average cost of capital (WACC)? Please enter without using the "%", but with two decimal places (in other words if you calculate 9.87%, then just enter 9.87). 4.35 margin of error +/- 0.05
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