You are given the following information for watson power co. assume the company’s tax rate is 23 percent. debt: 13,000 6.2 percent coupon bonds outstanding, $1,000 par value, 28 years to maturity, selling for 108 percent of par; the bonds make semiannual payments. common stock: 460,000 shares outstanding, selling for $64 per share; the beta is 1.13. preferred stock: 20,000 shares of 4 percent preferred stock outstanding, currently selling for $85 per share. the par value is $100 per share. market: 6 percent market risk premium and 5.1 percent risk-free rate.
what is the company's wacc?
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Business, 22.06.2019 06:10, jakeyywashere
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Business, 27.08.2019 18:30, ameliaduxha7
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