Question
1.Consider a company that has the following values: Cost of equity 17.6% Cost of debt 9.5% Book value of equity $1,700,000 Book value of debt
1.Consider a company that has the following values: Cost of equity 17.6% Cost of debt 9.5% Book value of equity $1,700,000 Book value of debt $500,000 Market value of equity $2,319,000 Market value of debt $541,650 What is this companys WACC, assuming no taxes?
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Financial Management Core Concepts
Authors: Raymond M Brooks
3rd edition
133866696, 978-0133866698
