Consider the following information for Watson Power Company: Debt: 3,5008 percent coupon bonds...
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Consider the following information for Watson Power Company: Debt: percent coupon bonds outstanding, $ par value, years to maturity, selling for percent of par; the bonds make semiannual payments. Common stock: shares outstanding, selling for $ per share; the beta is Preferred stock: shares of percent preferred stock outstanding, currently selling for $ per share. Market: percent market risk premium and percent riskfree rate. Assume the company's tax rate is percent. Find the WACC.
Consider the following information for Watson Power Company:
Debt: percent coupon bonds outstanding, $ par value, years to maturity, selling for percent of par; the bonds make semiannual payments.
Common stock: shares outstanding, selling for $ per share; the beta is
Preferred stock: shares of percent preferred stock outstanding, currently selling for $ per share.
Market: percent market risk premium and percent riskfree rate.
Assume the company's tax rate is percent.
Find the WACC.
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