Plasti-tech Inc. is financed 60% with equity and 40% with debt. Currently, its debt has a before-tax

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Plasti-tech Inc. is financed 60% with equity and 40% with debt. Currently, its debt has a before-tax interest rate of 12%. Plasti-tech's common stock trades at $15 per share and its most recent dividend was $1.00. Future dividends are expected grow by 4%. If the tax rate is 34%, what is Plasti-tech's WACC?

Posted Date: Jun 06, 2024 04:09 AM

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Plasti-tech Inc. is financed 60% with equity and 40% with debt. Currently, its debt has a before-tax

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