Thumbtack's capital structure is shown in the table below If taxes are paid annually and Thumbtack's combined tax rate is 36 percent, determine the weighted average cost of capital Loans 12 yr semi $3,000,000 Bonds 8 yr qtr $4,500,000 Common Stock $72 share price $8 shr yr dividend 1 yr share price growth $2,000,000 Retained Earnings $1,500,000

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Question: Thumbtack's capital structure is shown in the table below. If taxes are paid annually and Thumbtack's combined tax rate is 36 percent, determine the weighted

Thumbtack's capital structure is shown in the table below. If taxes are paid annually and Thumbtack's combined tax rate is 36 percent, determine the weighted average cost of capital.

Loans	12%/yr/semi	$3,000,000
Bonds	8%/yr/qtr	$4,500,000
Common Stock	$72/share price; $8/shr/yr dividend; 1%/yr share price growth	$2,000,000
Retained Earnings		$1,500,000

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