A company just paid a dividend of $3.44, they plan to increase the dividend by 8.7%...

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A company just paid a dividend of $3.44, they plan to increase the dividend by 8.7% next year, by 7.7% in two years and then 2.7% each year forever after that. Expected return for their stock is 9.6%. They have 8,147,717 shares outstanding. The company also has 179,537, $1000.00 face value, 15 year, semi annual bonds issued 9 years ago. The bond has a coupon of 7.6%. Current market rates are 5.0%. It does not have any preferred stock. What is the weight of equity for this company? A company just paid a dividend of $3.44, they plan to increase the dividend by 8.7% next year, by 7.7% in two years and then 2.7% each year forever after that. Expected return for their stock is 9.6%. They have 8,147,717 shares outstanding. The company also has 179,537, $1000.00 face value, 15 year, semi annual bonds issued 9 years ago. The bond has a coupon of 7.6%. Current market rates are 5.0%. It does not have any preferred stock. What is the weight of equity for this company?