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Business, 25.03.2021 16:40 wanderlay29

Item6 10 points my workCheck My Work button is now enabledItem 6 Given the following information: Percent of capital structure: Preferred stock 15 % Common equity (retained earnings) 65 Debt 20 Additional information: Corporate tax rate 30 % Dividend, preferred $ 4.00 Dividend, expected common $ 4.50 Price, preferred $ 100.00 Growth rate 5 % Bond yield 4 % Flotation cost, preferred $ 4.20 Price, common $ 72.00 Calculate the weighted average cost of capital for Digital Processing Inc.

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