Question: i will like!! ty Question 6 1 pts A stock has paid $6 of annual dividends. The dividends are expected to grow at a rate

i will like!! ty

Question 6 1 pts A stock has paid $6 of annual dividends. The dividends are expected to grow at a rate of 7% per year, and the stock currently sells for $69. The before tax cost of debt is 10%, and the tax rate is 25%. The target capital structure consists of 33% debt and 67% common equity. What is the company's WACC? 12.46% 13.40% O 14.07% 14,61% 12.33%

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