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Sueshe Restaurants plc currently has 50 million shares outstanding trading at 3.00 each, and the firm has just paid a divided of 0.20. Sueshe also
Sueshe Restaurants plc currently has 50 million shares outstanding trading at 3.00 each, and the firm has just paid a divided of 0.20. Sueshe also has 3 million bonds, which are trading at 105 each with a yield to maturity of 6%. Dividends are expected to grow annually by 5% and Sueshe faces a corporate taxation rate of 20%. What is Sueshes weighted average cost of capital (WACC)?
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