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eBook is 10%, and its marginal tax rate Palencia Paints Corporation has a target capital structure of 40% debt and 60% c
Posted: Fri Jul 01, 2022 7:47 am
by answerhappygod
- Ebook Is 10 And Its Marginal Tax Rate Palencia Paints Corporation Has A Target Capital Structure Of 40 Debt And 60 C 1 (11.78 KiB) Viewed 42 times
eBook is 10%, and its marginal tax rate Palencia Paints Corporation has a target capital structure of 40% debt and 60% common equity, with no preferred stock. Its before-tax cost of debt is 25%. The current stock price is Po= $35.00. The last dividend was Do $3.25, and it is expected to grow at a 5% constant rate. What is its cost of common equity and its WACC? Do not round intermediate calculations. Round your answers to two decimal places. WACC= %