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Question 10 (9 points) Saved Easy Car Corp. is a grocery store located in the Southwest. It plans to pay an annual dividend of $2.00

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Question 10 (9 points) Saved Easy Car Corp. is a grocery store located in the Southwest. It plans to pay an annual dividend of $2.00 next year to its shareholders and plans to increase the dividend annually at the rate of 3.0%. It currently has 1.000.000 common shares outstanding. The shares currently sell for $13 each. Easy Car Corp. also has 20.000 semiannual bonds outstanding with a coupon rate of 6%, a maturity of 22 years, and a par value of $1.000. The bonds currently have a vield to maturity (YTM) ON&X, What is the weighted average cost of capital (WACC) for Easy Car Coro. if the corporate tax rate is 30%? When answering this problem enter your answer using percentage Rotation but do not use the % symbol and use two deca unding). For example, your answer is 0.10469 then enter 10.47il your answer 10% then enter 10.00 Your

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