RoboticNaruto5537 RoboticNaruto5537
  • 14-03-2024
  • Business
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Hook Industries's capital structure consists solely of debt and common equity. It can issue debt at r_(d)=12%, and its common stock currently pays a $1.75 dividend per share (D_(0)=$1.75). What is the Weighted Average Cost of Capital (WACC) for Hook Industries?
a. 10.5%
b. 12%
c. 9.25%
d. 8%

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