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Question 10 1 pts Based on the information in the table below, what is the...

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Question 10 1 pts Based on the information in the table below, what is the firm's WACC? Target % in Component Capital Cost (pre- Structure tax) Component Cost (after- tax) Weighted Component Cost Debt 20.00% 2.99% Preferred Stock 10.00% 4.44% 4.44% 4.44% Equity 70.00% 13.50% 13.50% 13.50% Tax Rate 40.00% WACC = Outstanding Bond Preferred Stock Info Common Stock Info (Annual Coupons) Preferred Divided $2.00 Current Dividend $2.00 Time to Maturity (years) 15 Current Market Price $45.00 Current Price $42.00 Coupon Rate APR 5.00% Preferred Yield 4.44% Expected Growth in Dividends 2.00% Face Value $1,000 Expected Return on Equity 6.86% Current Market Price $1,240.00 YTM 2.99% 10.25% 13.50% 10.13% 10.49%

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