Question: 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.

Intro Munich Re Inc. is expected to pay a dividend of

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 $60 a share. The before-tax cost of debt is 8% and the tax rate is 34%. The target capital structure consists of 20% debt and 80% equity. Part 1 - Attempt 1/10 for 9.5 pts. What is the company's weighted average cost of capital? 3+ decimals Submit

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