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Business, 03.08.2021 17:10 danielaguardado63

Adjusted WACC. ​ Hollydale's is a clothing store in East Park. It paid an annual dividend of ​$2.50 last year to its shareholders and plans to increase the dividend annually at 2.0 ​%. It has 500 comma 000 shares outstanding. The shares currently sell for ​$21.25 per share. ​ Hollydale's has 10 comma 000 semiannual bonds outstanding with a coupon rate of 7.5 ​%, a maturity of 16 ​years, and a par value of ​$1 comma 000 . The bonds are currently selling for ​$874.08 per bond. What is the adjusted WACC for​ Hollydale's if the corporate tax rate is 35 ​%?

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Adjusted WACC. ​ Hollydale's is a clothing store in East Park. It paid an annual dividend of ​$2.50...

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