Business, 18.06.2020 21:57 Chapo3760

Assume Apple shares have a market capitalization of $50 billion. The company just paid a dividend of $0.25 per share and each share trades for $12. The growth rate in dividends is expected to be 4% per year. Also, Apple has $20 billion of debt that trades with a yield to maturity of 6%. If the firm's tax rate is 40%, compute the WACC

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Assume Apple shares have a market capitalization of $50 billion. The company just paid a dividend of...

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