Question: 38. Pull n Win Company uses 30% debt and 70% common equity in its capital structure. Given the following information, what is the weighted average

38. Pull n Win Company uses 30% debt and 70% common equity in its capital structure. Given the following information, what is the weighted average cost of capital (WACC) for Pulln Win? Before-tax cost of debt = 8% Corporate tax rate = 40% Dividend growth rate = 5% Current common stock price = $50 Recent dividend - $1,60 10.72% 12.06% 11.10% 12.88% 11.70%

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