stock, and poration's target capital structure is 40 percent debe is sertent comeshme capital can 45 percent preferred stock. In $1 a the co dividend of $3 a share at the end selils for $29 a share, and is expected to pay a grow at a constant rate of 2 percent a year The firm will be able to use retained earnings to fund the equity portion of its capital budget. The company's tax rate is 39 percent. What is the company's weighted average cost of capital (WACC)? Which of the following is NOT a disadvantage of the payback peeical) anes of the paytack period It does not take into account the time value of money. It is completely useless as a risk and liquidity indicator. There is no clear decision rule