Intro Munich Re Inc. is expected to pay a dividend of $4.82 in one year, which...
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Intro Munich Re Inc. is expected to pay a dividend of $4.82 in one year, which is expected to grow by 4% a year forever. The stock currently sells for $63 a share. The before-tax cost of debt is 7% and the tax rate is 34%. The target capital structure consists of 60% debt and 40% equity. Part 1 What is the company's weighted average cost of capital? 3+ decimals Submit Attempt 2/10 for 10 pts. Intro Munich Re Inc. is expected to pay a dividend of $4.82 in one year, which is expected to grow by 4% a year forever. The stock currently sells for $63 a share. The before-tax cost of debt is 7% and the tax rate is 34%. The target capital structure consists of 60% debt and 40% equity. Part 1 What is the company's weighted average cost of capital? 3+ decimals Submit Attempt 2/10 for 10 pts.
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