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please help I will thumbs up 46. Panthers, Inc. has a capital structure of 20% debt and 80% equity. The tax rate is 40%. The
please help I will thumbs up
46. Panthers, Inc. has a capital structure of 20% debt and 80% equity. The tax rate is 40%. The firm's bonds currently trade in the market for $950. These face value $1,000 bonds have a coupon rate of 6%, paid semiannually, with 10 years to maturity. The firm's common stock trades for $20 per share. The firm just paid a dividend of S2. Future dividends are expected to grow at 3% per year forever. Panther's WACC is %. Round your answer to 2 decimal placesStep by Step Solution
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