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Question 12 6 pts The capital structure for the Pit Bull Corporation is provided below. The company plans to maintain its debt structure in the

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Question 12 6 pts The capital structure for the Pit Bull Corporation is provided below. The company plans to maintain its debt structure in the future. The firm has bonds that pay a 7% coupon rate (assume semiannual payments), mature in 10 years and sell for $1070. The preferred stock is selling for $31 and pays a $2.75 dividend. The common stock is selling for $40, just paid a $1.70 dividend and is expected to grow by 6% for the indefinite future. The firm's marginal tax bracket is 34%. What is the firm's Weighted Average Cost of Capital? CAPITAL STRUCTURE ($000 Bonds Preferred Stock Common Stock $75,000 $25,000 $180,000 8.62% O 9.17% 6.05% 7 79%

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