Components of capital-common stock and corporate bonds

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(WACC) Laury, Inc has two components of capital, common stock and corporate bonds. Its capital mix is similar to that of its competitors at 50% bonds and 50% stock. It has a 1.1% after-tax cost of debt and a 12%' cost of equity If MacD is in the 35% marginal tax rate, what is its weighted average cost of capital?

Reference no: EM131543379

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