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Author Question: You were hired as a consultant to Quigley Company, whose target capital structure is 30% debt, 25% ... (Read 128 times)

danitzaidaly

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on: Aug 7, 2023
You were hired as a consultant to Quigley Company, whose target capital structure is 30% debt, 25% preferred, and 45% common equity. The interest rate on new debt is 7.5%, the yield on the preferred is 7%, the cost of retained earnings is 12.8%, and the tax rate is 35%. The firm will not be issuing any new stock. What is Quigley’s WACC?

◦

8.29%


◦

8.62%


◦

8.97%


◦

9.49%

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Marked as best answer by danitzaidaly on Aug 7, 2023

tharris7314

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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danitzaidaly

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Reply 2 on: Aug 7, 2023
Great answer, keep it coming :)

sarah_brady415

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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