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(TCO 4) Given the following information, calculate the weighted average cost for the Han Corp. Percent of capital structure: Preferred stock 10% Common equity 60%
(TCO 4) Given the following information, calculate the weighted average cost for the Han Corp. Percent of capital structure: Preferred stock 10% Common equity 60% Debt 30% Additional information: Corporate tax rate 34% Dividend, preferred $9.00 Dividend, expected common $3.50 Price, preferred $102.00 Growth rate 6% Bond yield 10% Flotation cost, preferred $3.20 Price, common $70.00
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