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Power Financial Corp has a current share price os 34$, and a market capitalization of 24$ billion. The company is expected to pay a dividend
Power Financial Corp has a current share price os 34$, and a market capitalization of 24$ billion. The company is expected to pay a dividend of 0.37 per share, with a dividend growth rate of 4% per year. The firm has $18 billion of debt with a yield to maturity of 6%. If the firm's tax rate is 30%, what is Power Financial's WACC?
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
