Power Financial Corp has a current share price os 34$, and a market capitalization of 24$ billion. The company is expected to pay a dividend of 0.37 per share, with a dividend growth rate of 4% per year. The firm has $18 billion of debt with a yield to maturity of 6%. If the firm's tax rate is 30%, what is Power Financial's WACC?

Answer rating: 100% (QA)

1 Cost of Equity Re Dividing the dividend by the current share pri... View the full answer