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Please estimate step by step Weighted Average Cost of Capital for a corporation knowing the following information about their outstanding public securities: 450 semiannual bonds
Please estimate step by step Weighted Average Cost of Capital for a corporation knowing the following information about their outstanding public securities: 450 semiannual bonds outstanding, 9 years to maturity, Coupon 8%, Face value $1000, current market Price $452 1,100 common shares trading currently at $55/share, 0.75, Risk Free 4%, Market Return 10%, Tax Rate 35%
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