Question: 38. Pulln Win Company uses 30% debt and 70% common equity in its capital structure. Given the following information, what is the weighted average cost
38. Pulln 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 Pull n Win? Before tax cost of debt - 8% Corporate tax rate 40% Dividend growth rate -5% Current common stock price $50 Recent dividend - 54.60 11.10 12.06 11.709 12.88% 10.72
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