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PLEASE ANSWER THIS QUESTION THANK YOU Hook Industries's capital structure consists solely of debt and common equity. It can issue debt at rd = 10%,
PLEASE ANSWER THIS QUESTION THANK YOU
Hook Industries's capital structure consists solely of debt and common equity. It can issue debt at rd = 10%, and its common stock currently pays a $4.00 dividend per share (Do = $4.00). The stock's price is currently $26.50, its dividend is expected to grow at a constant rate of 6% per year, its tax rate is 25%, and its WACC is 15.15%. What percentage of the company's capital structure consists of debt? Do not round intermediate calculations. Round your answer to two decimal places. % eBook Carnes Cosmetics Co.'s stock price is $56, and it recently paid a $1.00 dividend. This dividend is expected to grow by 19% for the next 3 years, then grow forever at a constant rate, g; and rs = 12%. At what constant rate is the stock expected to grow after Year 3? Do not round intermediate calculations. Round your answer to two decimal placesStep by Step Solution
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