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Business, 30.11.2019 04:31 irickkadenl

Az products has 140,000 shares of common stock outstanding at a market price of $27 a share. next year's annual dividend is expected to be $1.43 a share and the dividend growth rate is 2 percent. the company also has 2,500 bonds outstanding with a face value of $1,000 per bond. the bonds have a pretax yield of 7.35 percent and sell at 98.2 percent of face value. the company's tax rate is 21 percent. what is the weighted average cost of capital

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Az products has 140,000 shares of common stock outstanding at a market price of $27 a share. next ye...
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