Question
A company has 10million shares outstanding with a current price of $20 each and the market value of outstanding debt is $100 million with a
A company has 10million shares outstanding with a current price of $20 each and the market value of outstanding debt is $100 million with a YTM of 6%. If the company has a beta of 1.3, a market risk premium of 6% and the risk free rate is 3%, what is the WACC given a tax rate of 21%?
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Applied Quantitative Finance
Authors: Härdle
3rd Edition
3662544857, 978-3662544853
