Yo $25.31 per share. What is the The Woodsburg Co. maintains a debt-equity ratio of .60...

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Yo $25.31 per share. What is the The Woodsburg Co. maintains a debt-equity ratio of .60 and has a tax rate of 35 percent. The firm does not issue preferred stock. The firm's pre-tax cost of debt is 8.75 percent. Woodsburg Co. has 20,000 shares of stock outstanding with a beta of and a market price of $30. The current market risk premium is 7 percent and the current risk-free rate is 3 percent. Last month, Woodsburg Co. issued an annual dividend in the amount of $1.25 per share. Dividends are expected to grow at 2 percent indefinitely. Using an average expected cost of equity, what is Woodsburg's weighted average cost of capital? 5 45 Yo $25.31 per share. What is the The Woodsburg Co. maintains a debt-equity ratio of .60 and has a tax rate of 35 percent. The firm does not issue preferred stock. The firm's pre-tax cost of debt is 8.75 percent. Woodsburg Co. has 20,000 shares of stock outstanding with a beta of and a market price of $30. The current market risk premium is 7 percent and the current risk-free rate is 3 percent. Last month, Woodsburg Co. issued an annual dividend in the amount of $1.25 per share. Dividends are expected to grow at 2 percent indefinitely. Using an average expected cost of equity, what is Woodsburg's weighted average cost of capital? 5 45