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S Corp is expected to pay a $2.55 dividend at year end, the dividend is expected to grow at a constant rate of 4.50%
S Corp is expected to pay a $2.55 dividend at year end, the dividend is expected to grow at a constant rate of 4.50% a year, and the common stock currently sells for $35 a share. The before-tax cost of debt is 5.50% and the tax rate is 40% The target capital structure consists of 40% debt and 60% common equity. What is the company's WACC? Do not round your intermediate calculations 09.05% Ob.7.49% Oc6.96% 04 8.39% 9.27%
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