Dragula industries most recently paid a dividend of 170 and


Dragula Industries most recently paid a dividend of $1.70 and dividends are expected to grow at a 6% annual rate indefinitely. The stock currently sells for $39 per share and there are 8 million shares outstanding. The company has 100,000 5% outstanding that are trading for par value and mature in 18 years. The coupon rate on the bonds is 5%. The average tax rate is 30%. What is the WACC?

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Finance Basics: Dragula industries most recently paid a dividend of 170 and
Reference No:- TGS02761969

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