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Store x has in issue 800,000 1 ordinary shares whose current ex dividend market price is 1.50 per share. The Company paid the dividend of
Store x has in issue 800,000 1 ordinary shares whose current ex dividend market price is 1.50 per share. The Company paid the dividend of 32 per share, and this dividend is expected to increase at the rate of 6% per annum in future. 300, 000 of irredeemable debentures (secured bond) are also in issue. price = 103, and recent quotation at 74. Tax rate at 44%. find the WACC.
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