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Vbox ltd. has the following outstanding securities: Two million common shares that just paid a dividend of $3 and dividends are expected to grow at
Vbox ltd. has the following outstanding securities:
Two million common shares that just paid a dividend of $3 and dividends are expected to grow at 3.5% per year in the future (forever). The price of the common stock is $30 per share and;
15,000 preferred shares that pay $5 per share for a price of $51 per share...
Required: Find WACC
(Tax Rate = 30%)
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