Question: Given an optimal capital structure that is 50% debt and 50% common stock, calculate the weighted average cost of capital for the company given the

Given an optimal capital structure that is 50% debt and 50% common stock, calculate the weighted average cost of capital for the company given the following add info.

Bond coupon rate: 8%

Bond yield to maturity: 5%

Dividend, expected: $5

Price, common: $80

Growth rate: 5%

corporate tax rate: 21%

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