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You are looking at the following information 1 Del Common stock Preferred stock 6,000 percent coupon bands outstanding S1000 valle 23 years to maturity, selling

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You are looking at the following information 1 Del Common stock Preferred stock 6,000 percent coupon bands outstanding S1000 valle 23 years to maturity, selling for 103 percent of par the bonds make semiannual payments 132.000 shares outstanding, selling for $61 per share the beta is 108 20000 shares of 8 percent preferred stock review my Ch 8 side 43 what does preferred stock phrase mean? Outstanding, currently selling for $105 per share 11 percent market risk premium and 75 percentisk-free Maker The company in the 31 percent tax rate bracket based on its corporate income Required Find the WACC 1Do not round your intermediate calculation) Multiple Choice 1825 BAS

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