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Question 6 3 General Lithograph Corporation uses no preferred stock. Their capital structure uses 23% debt (hint: the rest is equity). Their marginal tax rate

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Question 6 3 General Lithograph Corporation uses no preferred stock. Their capital structure uses 23% debt (hint: the rest is equity). Their marginal tax rate is 39.35%. Their before-tax cost of debt is 2.98%. General Lithograph's stock i expected to pay a dividend per share of $0.76 next year, and their dividend is expected to grow at 4.67% over the long-run. Their stock currently trades at $74.42 per share. What is General Lithograph's weighted average cost of capital (WACC)? Please enter without using the "%", but with two decimal places (in other words if you calculate 9.87%, then just enter 9.87)

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