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Pay a dividend per share at year end =6 The dividend is expected to grow at a constant rate of 5.50% a year. The common
Pay a dividend per share at year end =6
The dividend is expected to grow at a constant rate of 5.50% a year.
The common stock currently sells for $60 a share.
The before-tax cost of debt is 7.50%.
Tax rate is 30%.
The target capital structure consists of 45% debt and 55% common equity.
what is the company's Weighted Average Cost of Capital
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