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Question 13 De Corporation has 2.11 million shares of common stock outstanding with a book value per share of 755 with a recent divided of

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Question 13 De Corporation has 2.11 million shares of common stock outstanding with a book value per share of 755 with a recent divided of 45. The firm's capital also includes 2900 shares of 4.2% preferred sock with a per value of 100 and the time dabe include 2250 8.5 percent quarterly bonds outstanding with 35 years maturity issued five years ago. The current trading price of the preferred stock and bonds mon stock trades for 258 with a constant growth rele of 16%. The bes of the stock is 1.13 and the market risk premium is 7%. Calculate the after tax Weighted Avergae Cost of Capita rate of 30% (Must show the steps of calculation) 102% 4 For the bar, press ALT-10 PC or ALT-IN-F10 (Ma U 4 Paragraph Arial 10p I. X 0 B d 5 ng

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