Assume the following data concerning Mubadala company The company paid taxes of $900,000. The company is financing its assets by equal debt and equity amounts, the company paid $400,000 as interest. The company has 4, 000, 000 shares, currently sold at $4 per share. The company paid $600, 000 dividends last year, which is 25% of its pre-tax income and its expected dividend growth is 3% for ever. What is the WACC of Mubadala? Please answer using excel.
Assume the following data concerning Mubadala company The company paid taxes of $900,000. The company is financing its assets by equal debt and equity amounts, the company paid $400,000 as interest. The company has 4, 000, 000 shares, currently sold at $4 per share. The company paid $600, 000 dividends last year, which is 25% of its pre-tax income and its expected dividend growth is 3% for ever. What is the WACC of Mubadala? Please answer using excel.
Chapter15: Dividend Policy
Section: Chapter Questions
Problem 13P
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Assume the following data concerning Mubadala company The company paid taxes of $900,000. The company is financing its assets by equal debt and equity amounts, the company paid $400,000 as interest. The company has 4, 000, 000 shares, currently sold at $4 per share. The company paid $600, 000 dividends last year, which is 25% of its pre-tax income and its expected dividend growth is 3% for ever. What is the WACC of Mubadala? Please answer using excel.
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