=+ The debt bears an annual coupon rate of 5 per cent, and the companys dividend policy
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=+ The debt bears an annual coupon rate of 5 per cent, and the company’s dividend policy is to pay out all earnings after interest, as dividends. The weighted average cost of capital (WACC) of company X is 6.25 per cent.
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Related Book For 
Corporate Finance For Business The Essential Concepts
ISBN: 9783030924188
2nd Edition
Authors: Ronny Manos, Keith Parker, D. R. Myddelton
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