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You are given the following information for Huntington Power Company. Assume the company's tax rate is 2 3 percent. References 3 2 , 0 0
You are given the following information for Huntington Power Company. Assume the
company's tax rate is percent.
References
percent coupon bonds outstanding. $ par value,
years to maturity. selling for percent of par, the bonds make
semiannual payments.
Common
stock:
Market:
shares outstanding. selling for $ per share; the beta is
percent market risk premium and percent riskfree rate.
What is the company's WACC? Do not round Intermedlate colculatlons and enter your
answer as a percent rounded to decimal places, eg
I am having issues finding the answer. I prefer going through excel but the amount of steps needed for the answer is very confusing and feels tedious.
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