Question: solve. ABC Inc. has a the capital structure shown below. ABC Inc. will raise additional capital for new projects this year, in the amount of

solve.

ABC Inc. has a the capital structure shown below. ABC Inc. will raise additional capital for new projects this year, in the amount of $6,103,121. Assume the current capital structure is ideal. The earnings, dividends, and stock price of ABC Inc. are expected to grow at 4.15% per year in the future. ABC Inc.'s common stock sells for $34 per share, and its last dividend was $1.59. The company's 5.5% coupon rate, semiannual payment, $1,000.00 par value bond that matures in 23 years and currently sells at par. The company's federal-plus-state tax rate is 27%. What is the weighted average cost of capital for ABC Inc

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