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Pickle Headson has a target capital structure of 45% debt and 55% common equity, with no preferred stock. The yield to maturity on the companies
Pickle Headson has a target capital structure of 45% debt and 55% common equity, with no preferred stock. The yield to maturity on the companies outstanding bonds is 8% and its tax is 30%. WACC is 8.12. What is common equity?
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