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Question 22 (1 point) A firm has $75 million of common stock and $29 million of debt. The firm is expected to have a constant

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Question 22 (1 point) A firm has $75 million of common stock and $29 million of debt. The firm is expected to have a constant annual growth rate of 4.38%, has a share price of $40 and pays an expected dividend of $3.10. The firm's pre-tax cost of debt is 5.9%. If the firm's tax rate is 36%, what is the firm's WACC? O A) 9.80% OB) 7.64% C) 6.11% D) None of the options E) 10.39%

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