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Qualcom Inc. has 10000, 8%, semi-annual bonds maturing in 15 years, outstanding currently trading at $1,158. It has 2,000,000 shares outstanding currently trading at $12
Qualcom Inc. has 10000, 8%, semi-annual bonds maturing in 15 years, outstanding currently trading at $1,158. It has 2,000,000 shares outstanding currently trading at $12 per share. The last dividend on the common shares was $1.10 and is expected to grow at 7% annually. The tax rate is 35%. Calculate the WACC for Qualcom? O A. 11.97% OB. 12.77% O C. 11.57% OD. 12.68%
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