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Quintero Corporation estimates that it can issue debt at ante ofta = 7 and its tax rate is 30 percent. It can issue preferred stock
Quintero Corporation estimates that it can issue debt at ante ofta = 7 and its tax rate is 30 percent. It can issue preferred stock that pays a constant $3.50 dividend per year at a price of $40 per share. Also, its common stock currently sells for $49 por share the next expected dividend (D) is $2.45, and the dividend is expected to grow at a constant rate of 6 peront per year. The target capital structure consists of 70 percent common stock 25 percent debt, und s percent preferred stock What is Quintero WACC 9366 5.5.16% 0.0.926 9.57%
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