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You are given the following information foc Ifuntington Powor Co Assume the company's tax rate...

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Accounting

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You are given the following information foc Ifuntington Powor Co Assume the company's tax rate is 40 percent - Deot 5,00078 percont coupon bonds outstanding, 51,000 par value, 20 years to matunty, selling for 107 percent of par, the bands make semannual payinents - Common stock 500,000 shores outstanding. solling for $08 por sharo, the bota is 111 - Market 9 percent market nsk premum and 5 : 8 percent nsk-free fate. What is the compenys WhCC? a. 1423% b. 12.6196 c. 0244 d 856%

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