Business, 26.03.2020 19:00 jtswagg6634
Time Warner shares have a market capitalization of $ 70 billion. The company is expected to pay a dividend of $ 0.30 per share and each share trades for $ 30. The growth rate in dividends is expected to be 7% per year. Also, Time Warner has $ 10 billion of debt that trades with a yield to maturity of 8%. If the firm's tax rate is 40%, compute the WACC
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Time Warner shares have a market capitalization of $ 70 billion. The company is expected to pay a di...
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