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National Advertising just paid a dividend of D 0 = $1.25 per share, and that dividend is expected to grow at a constant rate of

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National Advertising just paid a dividend of D 0 = $1.25 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. The company's beta is 1.5, the required return on the market is 10.50%, and the risk-free rate is 4.50%. What is the company's current stock price? O A $18.89 OB. 517.26 O c. $19.02 Od $16.64 Quinlan Enterprises stock trades for $54.50 per share. It is expected to pay a $2.50 dividend at year end (D ; - $2.50), and the dividend is expected to grow at a constant rate of 5.50% a year. The before-tax cost of debt is 7.50%, and the tax rate is 40%. The target capital structure consists of 45% debt and 55% common equity. What is the company's WACC if all the equity used is from reinvested camings? 02 7.98% Ob 7.67% 00 7.57% Od 7.07%

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