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You want to be able to live in a penthouse in downtown Dallas. You can't afford one right now, but want to buy one in

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You want to be able to live in a penthouse in downtown Dallas. You can't afford one right now, but want to buy one in 11 years. You found a penthouse that would be perfect. It was listed at $4,376,882 today (and that is how much you would have to pay now). You have studied the inflation rate for real estate in Dallas, and have found that the price of comparable properties grows at about 5.38% per year. At that rate, how much will your dream penthouse be selling for In 11 years? Please enter the price to the nearest penny Question 28 3.5 pts Hammond/Lauderdale Corporation uses no preferred stock. Their capital structure uses 42% debt (hint: the rest is equity). Their marginal tax rate is 28.97%. Their cost of equity is 10.61%, and their before tax cost of debt is 6.96%. What is Hammond/Lauderdale's weighted average cost of capital (WACC)? Please enter without using the "but with two decimal places in other words if you calculate 9.87%, then just enter 9.87 You want to be able to live in a penthouse in downtown Dallas. You can't afford one right now, but want to buy one in 11 years. You found a penthouse that would be perfect. It was listed at $4,376,882 today (and that is how much you would have to pay now). You have studied the inflation rate for real estate in Dallas, and have found that the price of comparable properties grows at about 5.38% per year. At that rate, how much will your dream penthouse be selling for in 11 years? Please enter the price to the nearest penny. Hammond/Lauderdale Corporation uses no preferred stock. Their capital structure uses 42% debt (hint: the rest is equity). Their marginal tax rate is 28.97%. Their cost of equity is 10.61%, and their before-tax cost of debt is 6.96%. What is Hammond/Lauderdale's weighted average cost of capital (WACC)? Please enter without using the "%" but with two decimal places (in other words if you calculate 9.87%, then just enter 9.87)

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