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Use the following information about Mileur Corp. for problems 7-11. Common stock: 25,000 shares outstanding, $115 per share. Mileur will pay a dividend of $3
Use the following information about Mileur Corp. for problems 7-11. Common stock: 25,000 shares outstanding, $115 per share. Mileur will pay a dividend of $3 next year and this dividend is expected to grow at 4% per year. Bonds: 4,000 bonds outstanding, with a 6% coupon paid semiannually, 13 years to maturity, and a bond quote of 105. Preferred Stock: 5,000 shares outstanding with annual dividends of $4.50, currently selling at $125. Mileur Corp.'s marginal tax rate is 25%. What is Mileur Corp.'s Weight of Equity? What is Mileur Corp.'s After Tax Cost of Debt? What is Mileur Corp.'s Cost of Preferred Stock? What is Mileur Corp.'s Cost of Equity? What is Mileur Corp.'s WACC
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