Question: eBook 3 % per year, 4 8 0 , 0 0 0 shares of stock are outstanding, and the current WACC is 1 2 .

eBook
3% per year, 480,000 shares of stock are outstanding, and the current WACC is 12.00%. and its cost of equity will rise to 16.5%.
a. What is the stock's current price per share (before the recapitalization)? Do not round intermediate calculations. Round your answer to the nearest cent.
$ to the nearest cent.
$
eBook 3% per year, 480,000 shares of stock are outstanding, and

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