Transcribed image text: Time Warner shares have a market capitalization of $60 billion. The company expected to

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Transcribed image text: Time Warner shares have a market capitalization of $60 billion. The company expected to pay a dividend of $0.25 per share and each share trades for $30. The growth rate in dividends is expected to be 8% per year. Also, Time Warner has $10 billion of debt that trades with a yield to maturity of 9%. If the firm's tax rate is 40%, compute the WACC? O A. 8.34% O B. 7.09% O C. 7.93% OD. 7.51%

Posted Date: Jul 02, 2024 07:07 AM

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Transcribed image text: Time Warner shares have a market capitalization of $60 billion. The company expected to

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