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need help Use the information to answer the following questions The Global Advertising Company has a marginal tax rate of 30% The company can raise
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Use the information to answer the following questions The Global Advertising Company has a marginal tax rate of 30% The company can raise debt at a 10% interest rate The last dividend paid by Global was $2. Global's common stock is selling for $20 por sharo, and its expected growth rate in earnings and dividends is 8% .Global plans to finance all capital expenditures with 20% debt and 80% equity What is the firm's weighted average cont of capital if the firm has sufficient retained earnings to fund the equity portion of us capital budget? . Select one: O a 13.95% Ob 11.59% 15.70% od 16.44% O 12.379 Continued from the previous question. Assume that the floatation cost of new stock issuing is 15%. What is Global's cost of common stock if it has to issue new common stock? 5 Select one: a 18 65% Ob 17.78% OC 16 2394 Od 18.06% 19.65% 2 Step by Step Solution
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