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Question 10 (1 point) An all-equity company has common and preferred shares. There are 250,000 common shares outstanding with a price of $40.30 per share
Question 10 (1 point) An all-equity company has common and preferred shares. There are 250,000 common shares outstanding with a price of $40.30 per share and with an expectation to continue to provide a dividend of $5.00 per share. There are 50,000 preferred shares outstanding, with a 4.30% dividend, $100 par value per share, and $70.30 market value per share. Given this information, what is the company's WACC? 9.97% 10.24% 10.51% 10.78% 11.05%
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