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please solve using excel eBook Hook Industries's capital structure consists.solely of debt and common equity. It can issue debt at ro - 12%, and its
please solve using excel
eBook Hook Industries's capital structure consists.solely of debt and common equity. It can issue debt at ro - 12%, and its common stock currently pays $3.25 dividend per share (Do = $3.25). The stock's price is currently $34.00, its dividend is expected to grow at a constant rate of 2% per year, it tax rate is 25%, and its WACC is 12.80%. What percentage of the company's capital structure consists of debt? Do not round intermediate calculations. Round your answer to two decimal places. % Step by Step Solution
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