Question: Let Timco use a capital structure that is 50% debt and 50% equity, The firm can borrow at 6%. The tax rate is 40%. Timco

Let Timco use a capital structure that is 50% debt and 50% equity, The firm can borrow at 6%. The tax rate is 40%. Timco is planning on paying dividend of 2 to maintain our 5% growth. The current stock price is 18. 13. Find the WACC

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