Question
A company's capital structure weights are 20% debt and 80% equity. If the company's cost of equity is 13% and it's after-tax cost of debt
A company's capital structure weights are 20% debt and 80% equity. If the company's cost of equity is 13% and it's after-tax cost of debt is 6%, what is the WACC for this company?
Do not round intermediate calculations. Round the final answer to 2 decimal places.
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
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