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Need help with b. Jrow at a constant rate of 4% per year, 210,000 shares of stock are outstanding, and the current WACC is 13.90%.
Need help with b.
Jrow at a constant rate of 4% per year, 210,000 shares of stock are outstanding, and the current WACC is 13.90%. ax cost of debt will be 9% and its cost of equity will rise to 14.5%. a. What is the stock's current price per share (before the recapitalization)? Do not round intermediate calculations. Round your answer to the nearest cent. $ Round your answer to the nearest centStep by Step Solution
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