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Question 4 (1 point) An all-equity company has common and preferred shares. There are 250,000 common shares outstanding with a price of $52.90 per share
Question 4 (1 point) An all-equity company has common and preferred shares. There are 250,000 common shares outstanding with a price of $52.90 per share and with an expectation to continue to provide a dividend of $5.35 per share. There are 50,000 preferred shares outstanding, with a 5.98% dividend, $100 par value per share, and $82.20 market value per share. Given this information, what is the company's WACC? 8.97% 9.20% 9.44% 9.68% 9.91%
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