Question: please help me SML company capital structure as below Debt-4 million Preferred Shares 2 million ompany's common stock SML issued bonds at a coupon The
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SML company capital structure as below Debt-4 million Preferred Shares 2 million ompany's common stock SML issued bonds at a coupon The company's preferred stock rate of 9 percent with interest sells for $50 a share and pays sells for $35 a share with payable semiannually for 251 an annual dividend of $6 al issuing costs at 10% and is years. The bond will be selling share. The flotation costs expected to pay a dividend of at the par value, with corporate charges at $1.50. tax rate 35% $3 a share at the end of the year. The dividend is expected to grow at a constant rate of 7 percent a year Calculate the WACC
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