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what is its cost of common equity? what is its WACC? Newman Corporation has 4 million shares of common stock selling at $25 currently. The

what is its cost of common equity?

what is its WACC?

Newman Corporation has 4 million shares of common stock selling at $25 currently. The company also has $50 million of debt. Assume yield to maturity of the debt is 8%, and its marginal tax rate is 21%. The last dividend was $2.00, and it is expected to grow at a 7% constant rate

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