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Business, 18.03.2020 22:55 ayoismeisalex

Time Warner shares have a market capitalization of $ 45 billion. The company just paid a dividend of $ 0.25 per share and each share trades for $ 35. The growth rate in dividends is expected to be 8% per year. Also, Time Warner has $ 10 billion of debt that trades with a yield to maturity of 7%. If the firm's tax rate is 40%, compute the WACC?

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Time Warner shares have a market capitalization of $ 45 billion. The company just paid a dividend of...
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