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The firm's preferred stock pays an annual dividend of $5.40, and the stock sells for $60. Flotation costs of preferred stock was 10% of the

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The firm's preferred stock pays an annual dividend of $5.40, and the stock sells for $60. Flotation costs of preferred stock was 10% of the stock value. The firm's stock is selling for $80. The dividend paid in 2019 was $2.00, in 2018 was 1.87, in 2017 was 1.75 and 1.63 in 2016. If the firm issue new stocks a 8% of the selling price will be charged as selling costs. Bond's yield to maturity is 12% The firm marginal tax rate is 30% Calculate the actual Weighted Average Cost of Capital if the optimal capital structure is 55% debt, 15% Preferred Stocks and 30% Common equity PRESENT YOUR ANSWER IN PERCENT ROUNDED WITH ZERO DECIMAL PLACES DON'T MAKE INTERMEDIATE CALCULATIONS. DON'T WRITE THE PERCENTAGE SYMBOL EX 17% WRITE JUST 17 Respuesta

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