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What is Pure Michigan's Cost of Capital ( WACC ) ? Their marginal tax rate = 3 0 . 0 % Formulas: g

What is Pure Michigan's Cost of Capital (WACC)?
Their marginal tax rate =30.0%
Formulas:
"g"= ROE x(1- Payout)
D1=D0(1+g)
WACC=WDxrDx(1-t)+Wsrs
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