Question: Question 22 4 pts Carson uses debt and common equity. It can borrow unlimited amountated -9% as long as it finances at its target capital
Question 22 4 pts Carson uses debt and common equity. It can borrow unlimited amountated -9% as long as it finances at its target capital structure -25% debt and 75% common equity. Its last common stock dividend was $1.50. Dividend for this year is expected to be $1.59 and will grow at the same constant rate in the future. Its common stock is selling for $25 per share its tax rate is 25% Estimate Carson's WACC 12.17% 1096 1165 10.25 12
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