1. Finding the WACC The power systems firm, Raging Volts, has a market value of equity of...
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1. Finding the WACC The power systems firm, Raging Volts, has a market value of equity of £15.77 billion and total debt of £1.21 billion. The cost of equity capital is 19.96 per cent and the cost of debt is 5 per cent.
If the company has a marginal tax rate of 24 per cent, what is its WACC?
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