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Time Wamer shares have a market capitalization of $45 bilion. The company just poid a dividend of 50.30 por share and aach share trades for
Time Wamer shares have a market capitalization of $45 bilion. The company just poid a dividend of 50.30 por share and aach share trades for 125 The growh rate in divienss in misoctes to to 7% per year. Aso, Time Wamer has $15 billion of debt that trades with a yield to maturity of 9%. If the frms tax rale is 25%, compute the Wacc? A. 8.69% B. 7.98 C. 9.09% D. 7.51%
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