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show your work 3) EE Inc. has a market capitalization of $17.8 million and book equlty of $1.2 million. The common stock has a required

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3) EE Inc. has a market capitalization of $17.8 million and book equlty of $1.2 million. The common stock has a required return of 15.5%, and the dividend growth rate is 3% per year. The firm has 750,000 shares of stock outstanding. They have market value of debt of $12 million. The value of debt on the balance sheet is $11.8 million. The semiannual bonds have a coupon rate of 8% and a yield to maturity of 6%. The tax rate is 23%. There is no preferred stock. a) (1 point) What is the capital structure weight of debt? b) (2 points) What is the weighted average cost of capital

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