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Weighted average cost of​ capital)  Crypton Electronics has a capital structure consisting of 40 percent common...

Weighted average cost of​ capital)  Crypton Electronics has a capital structure consisting of 40 percent common stock and 60 percent debt. A debt issue of ​$1 comma 000 par​ value, 6.0 percent bonds that mature in 15 years and pay annual interest will sell for ​$975. Common stock of the firm is currently selling for ​$30.00 per share and the firm expects to pay a ​$2.25 dividend next year. Dividends have grown at the rate of 5.0 percent per year and are expected to continue to do so for the foreseeable future. What is​ Crypton's cost of capital where the​ firm's tax rate is 30 ​percent? a. The​ after-tax cost of debt is nothing​%. ​(Round to two decimal​ places.)

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