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need asap Question 17 3.3 points Save Answer The company has a target D/E ratio = 2/3. Bonds with face value of $1,000 pay a

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Question 17 3.3 points Save Answer The company has a target D/E ratio = 2/3. Bonds with face value of $1,000 pay a 10% coupon, mature in 20 years, and sell for $849.54. The company stock beta is 1.2. Risk-free rate is 10%, and market risk premium is 5%. The company is a constant-growth firm that just paid a dividend of $2, sells for $27 per share, and has a growth rate of 8% The company's marginal tax rate is 40%. What is the company's cost of equity ? OA. 7.296 B. 9.6% C 12% D. 16% L. A Moving to another question will save this resence och 1721

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