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Food corp. is a grocery store located in the midwest. It paid an annual dividend of...

Food corp. is a grocery store located in the midwest. It paid an annual dividend of ​$3.00 last year to its shareholders and plans to increase the dividend annually at 4.0 forever. It has 400,000 shares outstanding. The shares currently sell for $25 per share. Comida Corp. has 15,000 semiannual bonds outstanding with a coupon rate of 7.5%, a maturity of 16 years, and a par value of $1,000. The bonds currently have a yield to maturity​ (YTM) of 88​% per bond. What is the adjusted WACC for Comida Corp. if the corporate tax rate is 35​%?

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

jeff jeffy answered 2 years ago
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