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Business, 19.11.2019 00:31 kkneedz1369

5. assume time warner shares have a market capitalization of $40 billion. the company is expected to pay a dividend of $0.25 per share and each share trades for $40. the growth rate in dividends is expected to be 7% per year. also, time warner has $20 billion of debt that trades with a yield to maturity of 9%. if the firm's tax rate is 40%, what is the wacc?

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