Question
a company balance sheet shows $300 million in debt 50 million in prefered stock 250 million in total common equity Shi tax rate =35% rd=
a company balance sheet shows $300 million in debt
50 million in prefered stock
250 million in total common equity
Shi tax rate =35%
rd= 6%
rps=8.4%
rs=10%
If the company has a target capital structure of 30% debt
5% prefered stock
65% commonstock
what is WACC?
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
