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A company has determined that its optimal capital structure consists of 34 percent debt...

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Accounting

A company has determined that its optimal capital structure consists of 34 percent
debt and the rest is equity. Given the following information, calculate the firm's
weighted average cost of capital. Rd=7.8%; Tax rate =28% : Po =$39.01; Growth
=5.1%; and D1=$1.02. Show your answer to the nearest .1%
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