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Business, 26.05.2021 02:20 ladybugys

The company has 14,900 shares of outstanding stock and 300 units of bonds. The market price of each share of stock is equal to $77. The face value of each unit of bonds is equal to $2,000, and the market price of the bonds is 97.8% of face value. Company FIN3610-FTRA's cost of equity is 11.69%. The (pretax) cost of debt is equal to 6.17%. Please calculate the weighted cost of capital for the company.

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The company has 14,900 shares of outstanding stock and 300 units of bonds. The market price of each...
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