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Your boss has just asked you to calculate your firm's cost of capital. Below is potentially relevant information foryour calculation. What is your firm's Weighted

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Your boss has just asked you to calculate your firm's cost of capital. Below is potentially relevant information foryour calculation. What is your firm's Weighted Average Cost of Capital? Common Equity: Book Value =$110m illion, Market Value =$196million, Net Income from most recent fiscal year = $9 million, Required rate of rotum (from CAPM) =10%, Dividend Yiold =2%. Debt Book Value =$102 million, Market Value =$38 million, average coupon rate =3%, average yield to maturity =4.1%, average maturity =18 years. Corporate Tax Rate =45%. (ENTER as a RAW NUMBER rounded to FOUR DECIMAL PLACES, l.e. If your answer is 7.1356\%, onter 7.1356)

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