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Please determine the companys weighted average cost of capital. Investors required rate of return is 15% on its stock. The company has 1 million shares
Please determine the companys weighted average cost of capital. Investors required rate of return is 15% on its stock. The company has 1 million shares of common stock outstanding currently trading at $15 per share. The company also has $5 Million debt (bond) outstanding at 4% interest rate. The company pays income taxes at 25% rate.
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