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Question 29 The following information comes from the Galaxy Corporation balance sheet. The value of common stocks $15.00 value of 58.000 and long term debt
Question 29 The following information comes from the Galaxy Corporation balance sheet. The value of common stocks $15.00 value of 58.000 and long term debt totals $18.000. the cost of common equity is 14.04, the cost of preferred share firm's WACC adjusted for taxes? 6 points ned earnings equals 16.000, total common equity equal $21,000, preferred to sa 20 the cost of debtis 9.04, and the musa corporate tax rate of what the 149 12:41 17.94 21.5 10:41 Question 29 6 points The following information comes from the Galaxy Corporation balance sheet. The value of common stocks is 515.000, retained earnings equal 56.000 total communequity equals $21.000 preferred stock has a volue of 83.000 and long term debt totals $18.000. If the cost of common equity 14.0%, the cost of preferred stares s 12.04. The cost of debes 90and the firm has a corporate tax rate of 95.0% What is the f's WACC adjusted for taxes? 14. 179 21.5 10.4
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