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Question 6 points Zietlow Corporation has 2.11 million shares of common stock outstanding with a book value per share of 755 with a recent divided

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Question 6 points Zietlow Corporation has 2.11 million shares of common stock outstanding with a book value per share of 755 with a recent divided of 3.45. The firm's capital iso includes 290000 shares of 62% pretemed stock outstanding with a par value of 100 and the firms debt include 2250 6.5 percent quarterly bonds outstanding with 25 years matunty issued five years ago. The current vading price of the prefered stock and bonds are 100% of its par value and comomon stock trades for 155 with a constant growth rate of 6%. The beta of the stock is 1.13 and the market risk premium is 7% Calculate the afer tax Weighted Avergae Cost of Capital of the firm assuming a tax rate of 30% (Must show the steps of calculation) For the toolbar, press ALT+F10 (PC) or ALT-FN-F10 (Mac *** BIUS Paragraph Arial 10pt # I. XO Q SEFER 11

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